Date: August 13, 2026

Board Meeting Outcomes

  • The Share Issue Committee of Directors approved the allotment of 16,88,618 Equity Shares of face value of ₹10 each to qualified institutional buyers
  • The shares were allotted at an issue price of ₹14,805 per Equity Share, including a premium of ₹14,795 per Equity Share
  • The total amount raised through the Qualified Institutions Placement is ₹24,99,99,89,490.00 (approximately ₹2,500 crores)

Capital Structure Change

  • Paid-up equity share capital increased from ₹40,18,37,190 (consisting of 4,01,83,719 Equity Shares) to ₹41,87,23,370 (consisting of 4,18,72,337 Equity Shares)
  • The shareholding pattern before and after the Issue will be submitted along with listing applications as per Regulation 31 of SEBI Listing Regulations

Allottee Information

Major allottees who received more than 5% of the Equity Shares offered:

  • ICICI Prudential Mutual Fund (Various schemes) - 1,68,864 shares (10.0002%)
  • HDFC Trustee Company Limited (HDFC Flexi Cap Fund) - 1,68,864 shares (10.0001%)
  • SBI Contra Fund - 1,68,864 shares (10.0001%)
  • Nomura India Investment Fund Mother Fund - 1,01,317 shares (6.0000%)
  • Aditya Birla Sun Life Mutual Fund (Various schemes) - 1,01,317 shares (6.0000%)
  • Axis Mutual Fund Trustee Limited (Various schemes) - 1,01,317 shares (6.0000%)
  • Abu Dhabi Investment Authority (Monsoon & Stable) - 91,185 shares (5.4000%)

Meeting Details

  • The meeting of the Share Issue Committee commenced at 10:41 p.m. and concluded at 10:45 p.m. on August 13, 2026

Trading Window Update

  • The trading window closure will open from August 16, 2026 (48 hours from the date of allotment)