Nature of the Event

ACI Infocom Limited disclosed the outcome of its Preferential Allotment Committee meeting held on October 29, 2026, regarding the allotment of fully convertible warrants through a preferential issue, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Quantitative Figures

  • Total warrants allotted: 8,28,00,000 (8.28 crore)
  • Issue price per warrant: ₹1.53
  • 25% upfront payment received: ₹3,16,71,000 (₹3.17 crore)
  • Balance 75% payable upon conversion: ₹9,50,13,000 (₹9.50 crore)
  • Total potential issue size: ₹12,66,84,000 (₹12.67 crore)
  • Existing paid-up equity share capital: 14,24,90,900 shares valued at ₹14,24,90,900
  • Potential post-conversion paid-up equity share capital: 43,22,90,900 shares valued at ₹43,22,90,900
  • Number of investors: 11

Dates of Action

  • Committee meeting date: October 29, 2026
  • Meeting time: 3:00 PM to 5:00 PM
  • Conversion period: Maximum 18 months from date of allotment (October 29, 2026)

Parties Involved

Allottees (All Non-Promoter/Public Category):

1. Pushti Mandavia - 50,00,000 warrants

2. Jubin Shah - 25,00,000 warrants

3. Puspha Shah - 25,00,000 warrants

4. Onkarnath Amarnath Khandelwal - 80,00,000 warrants

5. Minal Kabra - 20,00,000 warrants

6. Navneet Kailashchandra Kabra - 20,00,000 warrants

7. Chitranshi Yadav - 8,00,000 warrants

8. Aneerudh Dhingra - 50,00,000 warrants

9. Sarthak Dhingra - 50,00,000 warrants

10. Puneet Bhalla - 1,00,00,000 warrants

11. Anupam Stock Broking Pvt Ltd. - 4,00,00,000 warrants

Company Representative:

Sanjay Mandavia, Whole Time Director (DIN: 03606814)

Capital Structure Impact

Upon full conversion of all 8,28,00,000 warrants, the company's equity share capital will increase significantly from 14,24,90,900 shares to 43,22,90,900 shares, representing substantial potential dilution of existing shareholders.

Conversion Terms

The warrants are convertible into equity shares within a maximum period of 18 months from the date of allotment (October 29, 2026). Warrant holders must pay the balance 75% of the issue price (₹9,50,13,000 total) at the time of conversion.