Khadim India Limited announces preferential issue of 408,768 Fully Convertible Equity Share warrants at an issue price of INR 91.25 per share warrant for proceeds of INR 37,300,080 on November 24, 2023. Each warrant will be converted into 1 equity share each within 18 months of the allotment of Warrants. The company has proposed to allot the promoter Siddhartha Roy Burman 1,64,384 warrants, Non-Promoter Girish Gulati (HUF) 1,64,384 warrants and Abhisek Bhutra 80,000 warrants.