Date: October 06, 2026

Board Meeting Outcomes

  • The company received trading approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for 1,30,00,000 equity shares of face value ₹1 each.
  • These shares were allotted to non-promoters pursuant to conversion of warrants issued on a preferential basis under Chapter V of SEBI (ICDR) Regulations, 2018.
  • The approval letters from both exchanges were dated October 05, 2026, with trading effective from October 06, 2026.

Capital Structure Update

  • The company's listed capital increased to ₹43,97,49,960 represented by 43,97,49,960 fully paid equity shares of ₹1 each following this allotment.
  • The allotment consisted of two tranches: 30,00,000 shares (distinctive numbers 426749961 to 429749960) and 1,00,00,000 shares (distinctive numbers 429749961 to 439749960).
  • The first tranche of 30,00,000 shares was issued at a premium of ₹10.10 per share.
  • The second tranche of 1,00,00,000 shares was issued at a premium of ₹7 per share.

Lock-in Details

  • All 1,30,00,000 shares are subject to a lock-in period until April 15, 2027, as per the information provided to the exchanges.
  • The lock-in applies to both tranches of shares allotted to non-promoters.

Exchange Communications

  • The NSE communications were signed by Snehal Mariappa (Manager) and Nitinkumar Pujari (Assistant Vice President).
  • The company was advised to use NEAPS (NSE Electronic Application Processing System) for future submissions.
  • The company secretary, Manoj Kumar Choubisa (M. No.: A66176), signed the disclosure on behalf of the company.