Audroc Ltd Allots 3.75 Cr Warrants at ₹4 Each

Audroc Ltd announced the allotment of 3,75,00,000 Fully Convertible Equity Warrants to one allottee, Krishnaben Rajendrakumar Patel (Non-Promoter), on August 11, 2026. The warrants are convertible into equity shares at an issue price of ₹4.00 per warrant, including a premium of ₹3.00. This preferential allotment is part of the second tranche, following member approval in an EGM on June 27, 2026, and in-principle approval from BSE on August 7, 2026. The company has received 25% of the consideration upfront, and the paid-up share capital remains unchanged. Each warrant is convertible into one equity share of face value ₹1 within 18 months.