The issuance of promoter warrants will occur at ₹56 per share (₹1 face value), equivalent to ₹560 per share (₹10 face value), following a 10:1 stock split approved by the Board.

This pricing reflects a 213% premium over the current market price of ₹262 per share (adjusted for ₹10 face value), highlighting the promoters' confidence in the company's growth and value creation potential.

This clarification aims to enhance transparency and address any concerns regarding the valuation of the warrants, reinforcing the company's commitment to its stakeholders.