Arcee Industries Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the allotment of convertible warrants on a preferential basis.

Key Approvals and Dates

The allotment was approved by shareholders at an Extra-Ordinary General Meeting held on February 21, 2026. The company received in-principle approval from BSE Limited vide letter no. LOD/PREF/HC/FIP/305/2026-27 dated June 1, 2026. The Board of Directors approved the allotment via resolution passed at their meeting held on July 6, 2026.

Warrant Details

  • Total Warrants Allotted: 2,13,00,000
  • Issue Price per Warrant: ₹10.35 (Rupees Ten and Thirty-Five Paise Only)
  • Conversion Terms: Each warrant carries a right to subscribe to one equity share per warrant
  • Subscription Received: 25% of issue price amounting to ₹5,51,13,750 (Five Crores Fifty-One Lakh Thirteen Thousand Seven Hundred Fifty Rupees Only)
  • Balance Payment: 75% of issue price payable upon conversion
  • Conversion Period: Within 18 months from date of allotment (July 6, 2026)
  • Total Issue Size: ₹22,04,55,000 (Rupees Twenty-Two Crores Four Lakh Fifty-Five Thousand Only) upon full conversion

Warrant Price Structure

  • Warrant Subscription Price: ₹2.58 per warrant (25% received at allotment)
  • Warrant Exercise Price: ₹7.77 per warrant (75% payable upon conversion)
  • Total Warrant Exercise Price: ₹10.35 per warrant

Allottee Information

The warrants were allotted to 29 non-promoter investors, including:

  • Individual Investors: Ajay Kumar Gupta (10,00,000 warrants), Sourabh Gupta (5,00,000), Mukul Gupta (5,00,000), Abhik Gupta (5,00,000), Virender Gupta (5,00,000), Ram Babu Gupta (10,00,000), Parmod Kumar Gupta (10,00,000), and 21 others
  • Corporate/Entity Investors: Vivek Garg HUF (10,00,000 warrants), SD Investments (10,00,000), NDA Securities Limited - Prop (20,00,000), BCL Enterprises Limited (20,00,000)

Financial Impact

The company has received ₹5,51,13,750 as 25% subscription money. The balance ₹16,53,41,250 will be received upon conversion of warrants within 18 months. There is no immediate change to the paid-up equity share capital as the warrants are yet to be converted into equity shares.

Additional Terms

The price of warrants and number of equity shares to be allotted on conversion are subject to appropriate adjustments as permitted under applicable laws. Unexercised warrants after 18 months will lapse, and the subscription amount paid on such warrants will be forfeited by the company.

Post-Allotment Shareholding Structure

Upon full conversion of all warrants, the post-issue shareholding structure would show various non-promoter holdings ranging from 0.38% to 7.51% for individual allottees.