Destiny Logistics & Infra Limited — QIP/Rights/Pref., 08-05-2025: Preferential issue

Destiny Logistics & Infra is raising ₹7.51 Cr through a preferential allotment of 9.1 million convertible warrants priced at ₹33 each (₹8.25 upfront and ₹24.75 on conversion). Each warrant converts to one equity share within 18 months. The issue involves 17 investors, including promoters and non-promoters. Funds will be used for capital infusion to strengthen the balance sheet. Shares issued on conversion will be listed on NSE, aimed at boosting equity without immediate dilution for existing shareholders.