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Vinoth Kumar Mohanadas, along with Suseela Kumarappan, has increased their stake in Dugar Housing Developments Ltd. They converted 27 lakh warrants into equity shares. This action raised their combined shareholding from 32 lakh shares (45.71%) to 59 lakh shares, now representing 60.82% of the company's total equity. The company's total equity share capital has consequently increased from Rs. 7 crore, comprising 70 lakh shares, to Rs. 9.7 crore, comprising 97 lakh shares. This move significantly consolidates the non-promoter acquirers' holding and expands the company's share base.