Gourmet Gateway Allots 4 Lakh Shares, Lapses 38.28 Lakh Warrants

The company allotted 400,000 equity shares on warrant conversion at ₹26.20 each, receiving ₹78.6 lakh, while 3.83 million unexercised warrants lapsed and their 25% upfront payments were forfeited. Paid-up capital rose to ₹15.17 crore. Context: completes the outstanding 18-month warrant cycle.