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Destiny Logistics & Infra has announced a board meeting approving the allotment of 9.1 million convertible warrants at ₹33 each, raising ₹7.5 Cr upfront from 17 investors including promoters. These warrants can be converted into equity shares at ₹24.75 within 18 months, providing potential equity infusion. The funds will back the company’s growth initiatives and strengthen its financial position. Post-conversion, the new shares will be listed on NSE, improving liquidity for shareholders.