Krsnaa Diagnostics Allots 16.21 Lakh Warrants to Promoters

Krsnaa Diagnostics Ltd has allotted 16,21,000 fully convertible warrants on a preferential basis to promoter entities, Mr. Rajendra Mutha and Krsna Diagnostics (Mumbai) Private Limited. The allotment follows board and shareholder approvals and in-principle approvals from BSE and NSE. The warrants were issued at a price of ₹566 per warrant, with 25% of the subscription price aggregating to ₹22,93,71,500 received upfront. These warrants are convertible into equity shares within 18 months. The company's paid-up share capital remains unchanged at this stage.