Aaradhya Disposal Industries Approves ₹99.9 Crore Warrant Issue At ₹120

Board approved preferential issue of up to 83.25L warrants at Rs 120 each for up to Rs 99.9 Cr to 45 promoter and non-promoter allottees; authorised capital raised to Rs 26 Cr. EGM on 15 Oct 2026. First large equity raise since listing; a step change from small routine orders. Promoters taking majority of warrants, lifting control; authorised capital and AoA changes enable issuance. Use of proceeds, pricing basis beyond floor price and capex link not disclosed; 25% upfront, 75% on conversion within 18 months; subject to EGM and regulatory approvals; implies material dilution.