Norben Tea & Exports has issued 2.58 lakh new equity shares at Rs. 17 each. These shares are allotted to a non-promoter investor, Nitu Sharma, following the conversion of previously issued warrants. This conversion infuses approximately Rs. 0.33 Cr into the company, representing the balance 75% payment for these warrants. Following this allotment, the company's paid-up equity capital stands at Rs. 13.99 Cr. This move boosts the company's capital base.