Innomet Advanced Materials Approves ₹25.04 Crore Warrants For Mukul Agrawal

Board approved a proposed preferential issue of up to 1,192,200 warrants to non-promoter Mukul Mahavir Agrawal at ₹210 each, aggregating ₹25.04 crore; 25% is payable upfront and 75% on conversion over 18 months, subject to approvals. It also proposed a 260,000-option ESOP. Context: adds to the company’s funding-dependent capital history.