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Bizotic Commercial's Board has approved the allotment of 12.58 lakh convertible warrants to promoter and promoter group entities. Each warrant, priced at Rs. 290 with a face value of Rs. 10, is convertible into one equity share within 18 months. The company received an initial 25% consideration, amounting to Rs. 9.12 Cr. This preferential allotment aims to strengthen capital and align promoter interests, providing future funding as warrants convert into equity.