Suditi Industries' Board approved the preferential allotment of 29,703 warrants to a non-promoter investor. Each warrant is convertible into one equity share with a face value of Rs 10. The company received an upfront payment of Rs 4.39 lakh from the allottee for these warrants, which have an issue price of Rs 59.12 each. The total allotment value is Rs 17.56 lakh. The remaining Rs 44.34 per warrant is payable upon conversion within 18 months. The company's capital will remain unchanged until these warrants are exercised.