’s Board approved raising ₹94.35 crore through a preferential issue of 13 lakh equity shares (₹72.15 crore) and 4 lakh convertible warrants (₹22.20 crore) at ₹555 each. Key allottees include Abakkus Growth Fund-2, Chandrakant Vallabhaji Gogri, and Vinod H Biyani. Warrants are convertible within 18 months, with 25% payable upfront. The proposal is subject to shareholder and regulatory approvals.

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