T.T. Ltd Forfeits ₹2.44 Crore After Warrants Lapse Unexercised

T.T. Limited has forfeited 8,00,000 convertible warrants following the non-payment of the 75% balance consideration by non-promoter investors. Consequently, the company will retain the ₹2.44 crore upfront subscription amount previously received. No changes will be made to the company’s paid-up share capital following this lapse.