#TIRUPATIFL: Company's board approved the conversion of 8.5 lakh warrants into equity shares by non-promoter investors at ₹32/share.

This brings in ₹2.72 Cr for the company. 🚀 **Issue:** This marks the full conversion of all 1.176 Cr warrants originally issued in Jan 2025. With this, the total paid-up equity capital increases from ₹25.84 Cr to ₹26.01 Cr. **Possible Impact:** Existing shareholders face a minor equity dilution as 8.5 lakh new shares are added, increasing total shares to 13.004 Cr.

However, the company benefits from a capital infusion of ₹2.72 Cr, strengthening its balance sheet. 💪 **Company's Response:** This completes a planned capital raising exercise, indicating successful execution by the management.

The funds generated can support future growth initiatives.