The pricing of promoter warrants has been clarified at ₹56 per share (₹1 face value), which represents a 113% premium over the current market price of ₹262 per share adjusted for a 10:1 stock split.

This strong premium reflects the promoters' confidence in the company’s future growth potential and value creation strategy.

The clarification aims to enhance transparency with stakeholders and alleviate any confusion regarding the valuation.

Such moves can be viewed positively, indicating a commitment to shareholder value and strategic growth.

Investors should monitor this development closely, as it suggests bullish sentiments from the company's leadership.