Audroc Ltd Allots 7.5 Cr Warrants at ₹4 Each

Audroc Ltd's Board of Directors has approved the allotment of 7,50,00,000 Fully Convertible Equity Warrants on a preferential basis to 2 non-promoter allottees. The allotment was made on August 18, 2026, at an issue price of ₹4.00 per warrant, including a premium of ₹3.00. The company has received 25% of the consideration amount upfront. These warrants are convertible into equity shares within a maximum period of 18 months from the allotment date. The board meeting also considered other business matters.