Vaidya Sane Ayurved Laboratories Limited — Board Meeting, 18-02-2025: Outcome of Board Meeting

The Board of Directors has announced the forfeiture of 16,34,400 Fully Convertible Warrants due to non-exercise within the specified eighteen-month period. These warrants were initially allotted at an issue price of ₹261 each, resulting in a total upfront payment of ₹10.66 crore. As per the terms, the 25% upfront amount has been forfeited. This decision reflects the company's strategic approach to capital management and could impact future funding options.