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Aarey Drugs and Pharmaceuticals has announced a board meeting on allotting 50 lakh convertible warrants at Rs. 63.80 each, convertible into an equal number of equity shares. The majority is subscribed by promoters, with some allocated to select non-promoters, reflecting strong insider confidence. This capital raise is set to strengthen the company’s balance sheet and fuel upcoming growth initiatives.
All announcements from Aarey Drugs & Pharmaceuticals Limited