Wardwizard Healthcare Approves Issuance of 1.25 Cr Warrants

Wardwizard Healthcare Ltd's Board of Directors has approved the issuance of up to 1,25,00,000 fully convertible warrants on a preferential basis. The warrants will be issued at ₹10 per warrant, aggregating up to ₹12,50,00,000. Each warrant is convertible into one equity share of face value ₹10. The issuance is subject to shareholder and regulatory approvals. The warrants are convertible within 18 months of allotment, with unconverted warrants and subscription amounts subject to forfeiture. Proposed allottees include promoters Yatin Sanjay Gupte and Sheetal Mandar Bhalerao, along with several non-promoter group entities.