Audroc Ltd Allots 20 Cr Equity Shares on Warrant Conversion

Audroc Ltd's Board of Directors approved the allotment of 20,00,00,000 equity shares of Re.1/- each, following the conversion of 20,00,00,000 Fully Convertible Equity Warrants. These warrants were issued on a preferential basis at an issue price of INR 4.00/- per warrant to both promoter and non-promoter categories. The allotment includes shares for Patel Vandanaben Hiteshkumar (2,50,00,000), Rinkal J Patel (2,50,00,000), Manjulaben Bharatbhai Patel (3,75,00,000), Patel Sureshkumar R (3,75,00,000), Patel Vinodbhai Ramabhai (3,75,00,000), and Krishnaben Rajendrakumar Patel (3,75,00,000). This issuance increases the company's paid-up equity share capital from INR 65,00,000/- to INR 20,65,00,000/-.