Tunwal E-Motors Allots 34 Lakh Warrants Worth Rs 10 Crore To Promoters

Allotted 34 lakh convertible warrants at Rs30 aggregating Rs10.2 crore to five promoter-group investors after 29 Sep AGM and NSE approval, with Rs2.55 crore upfront received, convertible to one share each within 18 months, raising promoter stake from 63.9% to 65.91% on dilution. Context: closes pending preferential fund-raise.