Audroc Ltd Allots 2.5 Cr Warrants to Promoter Group

Audroc Ltd's Board of Directors has approved the allotment of 2,50,00,000 Fully Convertible Equity Warrants to Patel Vandanaben Hiteshkumar, a Promoter Group entity. The allotment, made on a preferential basis at an issue price of ₹4.00 per warrant (including a premium of ₹3.00), follows a special resolution passed by shareholders and in-principle approval from BSE. The company has received 25% of the consideration upfront. These warrants are convertible into equity shares within 18 months from the allotment date. The Board meeting where this was approved was held on August 10, 2026.