Craftroot Retail Approves Preferential Issue of Warrants

Craftroot Retail Ltd's Board of Directors has approved a preferential issue of 2,00,00,000 (Two Crore) warrants convertible into equity shares at Rs. 11/- per warrant. This move is subject to shareholder and regulatory approvals. The company also approved an increase in its authorized share capital from Rs. 3.50 Crore to Rs. 23.50 Crore by creating an additional 20 Crore equity shares of Rs. 10 face value each. An Extra-Ordinary General Meeting (EGM) is scheduled for November 05, 2026, to seek shareholder approval for these proposals. A valuation report has been noted, and October 6, 2026, has been fixed as the relevant date for the preferential issue.