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Board allotted 37 lakh convertible warrants to promoters/promoter group at Rs 58 each, raising Rs 21.46 Cr; 25% upfront received, exercisable within 18 months. First equity-linked raise since listing, breaking the company's no-dilution pattern; promoter participation signals alignment. Full conversion would dilute existing holders; use of funds and post-conversion dilution percentage are not disclosed.