Audroc Ltd Allots 3.75 Cr Equity Warrants on Preferential Basis

Audroc Ltd's Board of Directors has approved the allotment of 3,75,00,000 Fully Convertible Equity Warrants on a preferential basis to one allottee. The allotment, made on August 12, 2026, follows a special resolution passed by shareholders and in-principle approval from BSE. Each warrant is convertible into one equity share and was issued at Rs. 4.00 per warrant, including a premium of Rs. 3.00. The company has received 25% of the consideration upfront, and the paid-up share capital remains unchanged. The warrants are convertible within 18 months.