D.P. Abhushan Approves ₹558 Crore Preferential Equity And Warrants Issue

Board approved preferential issue of 8.66 lakh equity shares for 123.9 Cr and 30.36 lakh warrants for 434.1 Cr at Rs 1430 each to 104 investors, subject to EGM approval. Step change from small promoter-led prefs to large external raise; largely non-promoter including marquee funds; promoter holding to dilute to 66.5% from 74.9% on full conversion. Funds growth inventory for store rollout; only part upfront with warrants convertible over 18 months; dilution, pricing and EGM/regulatory approvals are key watchpoints.