The company appointed Arvinder Singh Kohli and Yogesh Singh Rana as Non-Executive Independent Directors for a five-year term, regularized at the Annual General Meeting held March 18, 2026, according to a recent disclosure. Simultaneously, the company approved a preferential issue of 23.2 million warrants convertible into equity shares, priced at Rs 12.50 per share, with a conversion period of 18 months. Allottees include SN Capital Management, MCPS Estate LLP, and several private limited companies and individuals. Additionally, 800,000 equity shares were issued through a preferential allotment to Atharva Professional Consultants LLP at a price of Rs 12.50 per share. The corporate actions comply with Securities and Exchange Board of India (ICDR) Regulations and BSE Circular Number LIST/COM/14/2018 - 19.
