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Master Trust Limited has raised Rs. 99.75 Cr through a preferential issue of 28.5 lakh convertible warrants at Rs. 350 each. So far, Rs. 24.94 Cr has been received upfront, and 7 lakh warrants have been converted into 35 lakh equity shares following a stock split. The remaining 21.5 lakh warrants are yet to be converted and will result in 1.075 crore shares post-adjustment. Funds raised are being utilized for working capital and business growth, supporting the company’s expansion plans.