Pavna Industries Forfeits ₹30.30 Crore After Warrants Lapse

Unexercised warrants lapsed on July 28, 2026, forfeiting ₹30.30 crore and reducing the effective preferential issue to ₹119.80 crore. CARE identified a potential regulatory breach from GCP allocation exceeding 25%; the Board disputes this. Context: resolves the pending warrant funding.