Darjeeling Ropeway Company Ltd — Important, 12-09-2025: Company Update

Darjeeling Ropeway Company has received in-principle approval from BSE to issue 0.70 Crore warrants. These warrants, offered on a preferential basis to non-promoters, are convertible into an equal number of equity shares with a face value of Rs. 10 each, at a price of at least Rs. 16.80 per warrant. This significant approval is a crucial step towards capital infusion for the company, enabling it to strengthen its financial position and support future operational needs and growth initiatives.