Sat Kartar Life Approves Rs 9.46 Crore Promoter Warrant Issue At Rs 172 Each

Board approved preferential issue of up to 5,50,000 warrants at Rs172 each for up to Rs9.46 Cr to 3 promoter-group allottees, plus EGM on Oct 23 with record date Oct 16. Promoter-only take at premium to floor signals commitment; funds shift from asset-light D2C toward hospitals and owned manufacturing where capex and cash conversion are key. Only 25% payable now, 75% on conversion within 18 months; needs shareholder and regulatory nod. Dilution modest, promoter holding to 55.5%; exact use beyond healthcare platform not detailed.