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Royal Sense Limited's Board has approved the issuance of up to 4,00,000 Convertible Equity Warrants at a price of ₹251 each, aggregating to ₹10.04 crore, on a preferential basis. The approval includes a plan to hold an Extra-Ordinary General Meeting on 16th May 2025 to seek shareholder consent. The proposed allotment aims to raise capital, potentially strengthening the company's financial position. Promoter Rishabh Arora's shareholding will slightly increase post-allotment. This development signals a proactive step towards funding growth, which may enhance investor confidence, while any dilution of holdings could represent a cautious risk for some shareholders.