Rajnish Retail Ltd has allotted 6,90,000 warrants, each convertible into one equity share at INR 96, raising a total of INR 6,62,40,000, with an upfront payment of INR 1,65,60,000 received. The allotment includes 1,60,000 warrants to a promoter and 5,30,000 to non-promoters.