The company's board has approved the preferential allotment of 26,200 equity shares at Rs. 1,525 each to Kvasa Capital, totaling Rs. 3.9955 Cr.

These shares are locked in for a specified period.

Additionally, 14,22,900 convertible warrants were allotted to non-promoters at Rs. 1,525 each, aggregating Rs. 216.99 Cr.

The company has received 25% of this amount, Rs. 54.248 Cr.

Each warrant is convertible into one equity share at the same price within 18 months upon paying the remaining 75%, and these warrants are also locked in.