Shreedhar Spinners Approves ₹10.18 Crore Preferential Warrant Issue

Board approved preferential issue of up to 9,00,900 fully convertible warrants at Rs 113 each aggregating Rs 10.2 Cr to 8 promoters/promoter group, convertible into equity in 18 months. 25% payable upfront at Rs 28.25 per warrant; EGM on Oct 9, 2026 for shareholder approval. No change in control; promoter holding to rise on full conversion. Implies ~4.2% dilution on full conversion; signals promoter funding support. Use of proceeds not disclosed; subject to shareholder and regulatory approvals.