D&H India Withdraws Rs 32.57 Crore Promoter Warrant Preferential Issue

Board withdrew proposed preferential issue of up to 21,57,000 warrants at Rs 151 each totalling Rs 3257.07L to promoters after BSE in-principle approval pending since 17 Mar 2026. Departs from repeated promoter-led infusions, swapping equity funding for internal accruals and bank borrowings; board cited sharp share price rise and prolonged approval delay. Avoids dilution but forgoes promoter cash, adding leverage after recent deleveraging; funding mix, debt quantum, timelines and objects of the issue remain undisclosed.