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Destiny Logistics Auditor Resigns As 20.43 Lakh Warrants Lapse


13 November 2026
Destiny Logistics & Infra Ltd.

Board noted CS Rinky Shaw resignation eff 13 Nov 2026, appointed Kajal Sharma eff 14 Nov; accepted auditor S.K. Basu & Co resignation eff 13 Nov; lapsed 20,43,000 warrants, forfeiting Rs1.7Cr. Lapse ends the expiring warrant overhang with no further dilution; first auditor exit after clean compliance record is a break; CS swap is routine. No shares against lapsed warrants, capping dilution; forfeited amount retained. Auditor reason and replacement not yet disclosed; H1 and overdue annual results still pending.


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