Telge Projects Board Approves Rs 13 Crore Promoter Warrant Issue At Rs 229

Board approved a ₹13 crore preferential issue of 5,67,686 warrants at ₹229 to three promoter-group members, subject to shareholder approval; 25% is payable upfront and conversion is within 18 months. Authorised capital would rise from ₹10 crore to ₹15 crore, creating potential dilution. Context: larger than routine equity issuances.