Board approves 1:1 bonus issue and Rs 40.74 crore warrant issue

Board approved a 1-for-1 bonus issue of up to 2.50 crore shares, subject to shareholder approval, with total face value of Rs 24.96 crore. It approved 22.02 lakh warrants at Rs 185, each convertible into one share, which can raise up to Rs 40.74 crore from promoters and others. Bonus shares will also be issued when warrants convert. It proposed raising authorised capital to Rs 50 crore and called a shareholder meeting for November 26, 2026.