Goldkart Jewels Approves Rs41.5 Crore Preferential Warrant Issue To FPIs

Board approved preferential issue of up to 41.5 lakh warrants at Rs 100 each (up to Rs 41.5 Cr) to Jayesh Shah and six FPIs, convertible to equity in 18 months, subject to EGM on 12 Dec 2026. First equity funding proposal after debt-led scale-up and promoter-group loan execution; equity infusion would ease working-capital cash burn and leverage strain. Dilution and 25% upfront with 75% on conversion in 18 months; subject to EGM and regulatory approvals. Use of proceeds, pricing basis and FPI backgrounds undisclosed.