Swastika Investmart Secures Approval For ₹57.59 Crore Warrant Issue

Shareholders approved the preferential issue of up to 9.05 million convertible warrants at ₹63.64 each, raising up to ₹57.59 crore. Investors pay 25% upfront and 75% on exercise within 18 months; full conversion would dilute existing holders, with promoters subscribing to 2.55 million warrants. Context: clears the financing approval milestone.