Noble Polymers Limited announced that its board approved the allotment of 22,76,400 equity shares at Rs 5 per share, totaling Rs 1,13,82,000, to proposed promoters on a preferential basis, and 2,34,75,735 fully convertible warrants at Rs 5 per warrant, aggregating to Rs 11,73,78,675, to various investors including Akalpya India Equity Fund and Satvat Agro LLP, on a preferential basis, requiring an upfront payment of Rs 2,93,44,668.75. Following the equity share allotment, Mahesh Alabhai Odedra and Hiren Rambhai Odedra will be inducted and classified as promoters of the company upon completion of an open offer on August 13, 2026.