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KDDL has allotted 2,64,150 zero coupon convertible warrants to Swades Capital LLC, a promoter group company, on preferential basis. In a communication to the exchanges, the company said the warrants were issued at ₹265 each and are convertible into one equity share of ₹10 each. Shares of KDDL jumped 4.5 per cent at ₹211.20 on the NSE.
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