Board approves FY26 results & ₹90 Cr preferential warrant issue

The Board of Directors of 543411 convened on May 28, 2026, to approve the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. A key decision included recommending a preferential issue of up to 90,00,000 fully convertible equity warrants to the Promoter Group at an exercise price of ₹100 per warrant, aiming to raise ₹90 crore. This issuance is contingent on shareholder approval via postal ballot. The Board also appointed M/s S. Shekhar & Co. as Cost Auditors and M/s BAS & Co. LLP as Internal Auditors for the financial year 2026-27. A postal ballot notice was approved, with May 22, 2026, set as the cut-off date, and M/s NSP & Associates appointed as Scrutinizer. The statutory auditors provided an unmodified opinion on the financial results.