Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting for preferential issue of warrants
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Corporate Actions:
- Preferential issue of up to 28,071,690 warrants convertible into equity shares
- Each warrant convertible into 1 fully paid-up equity share of face value ₹10 each
- Issue price: ₹231.55 per warrant (including premium of ₹221.55)
- Total issue size: ₹6,499,999,819.50 (₹649.99 crore)
- Minimum payment at subscription: ₹3,250,000,000 (₹325 crore)
- Balance payment due at time of warrant exercise
- Warrant exercise period: On or before December 31, 2027
- If warrants not exercised by December 31, 2027, the ₹325 crore initial payment shall be forfeited by the company
Other Significant Information:
- Extraordinary General Meeting (EGM) convened on October 22, 2026 through VC/OAVM for shareholder approval
- Company received investment commitment letter dated September 25, 2026 from investor
- Disclosure made under Regulation 30 read with Schedule III of SEBI Listing Regulations