Ken Enterprises Approves ₹16.19 Crore Promoter Convertible Warrant Issue

Board approved a promoter preferential issue of up to 39.97 lakh convertible warrants at ₹40.50 each, potentially raising ₹16.19 crore and increasing promoter holding from 49.73% to 56.76%, subject to approvals. It also proposed reallocating ₹12.11 crore of unutilised IPO proceeds to working capital. Context: advances the proposed promoter funding action.