Nature and Purpose of the Meeting
The Fund Raising Committee meeting was held to approve key aspects of a proposed Qualified Institutions Placement (QIP) of equity shares.
Details of Resolutions Passed
- Approved the floor price for the Issue at ₹1,161.85 per Equity Share, calculated as per Regulation 176(1) of the SEBI ICDR Regulations.
- Approved and adopted the preliminary placement document dated November 11, 2026, along with the application form for qualified institutional buyers.
- Authorized the opening of the Issue on November 11, 2026.
- Fixed the 'relevant date' for floor price determination as November 11, 2026, pursuant to Regulation 171(b)(i) of the SEBI ICDR Regulations.
- The company may offer a discount of not more than 5% on the floor price, as per shareholder approval from the EGM on October 21, 2026.
- The final Issue price will be determined by the Fund Raising Committee in consultation with the book running lead managers.
Financial Impact
The document specifies the floor price per share (₹1,161.85) and the potential discount (up to 5%), but does not disclose the total quantity of shares to be issued or the total capital to be raised.
Timing of the Meeting
The meeting commenced at 8:30 PM and concluded at 8:43 PM on November 11, 2026.
Compliance References
The communication is made in compliance with:
- Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The Issue is being undertaken under Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations).
- The Issue is also pursuant to Sections 42 and 62 of the Companies Act, 2013.
Any Other Material Disclosure
The preliminary placement document was filed with the exchanges on November 11, 2026. The communication is also available on the company's website at www.aegisindia.com.
The document does not contain information on the use of proceeds from the fundraise.