D.P. Abhushan Approves Preferential Issue of Shares and Warrants

D. P. Abhushan Limited's Board of Directors has approved a preferential issue of up to 8,66,434 equity shares at ₹1,430 per share, amounting to ₹1,23,90,00,620 (₹123.90 Crore). Additionally, the board approved the issue of up to 30,35,711 convertible warrants at ₹1,430 per warrant, aggregating up to ₹4,34,10,66,730 (₹434.11 Crore). These approvals are subject to regulatory and shareholder consent. The company also appointed NSDL as the Remote E-Voting Agency and M/s. Prasad & Partners LLP as Scrutinizer for the upcoming Extraordinary General Meeting.