Garg Furnace Board Approves ₹17.68 Crore Preferential Warrant Issue

Board approved preferential issue of up to 13,98,000 warrants convertible into equity shares at Rs 126.50 per warrant to promoter and promoter group and non-promoters, aggregating up to Rs 17.68 Cr. The board also deferred approval of the unaudited financial results for the quarter ended June 30, 2026, due to unavoidable circumstances.