Candour Techtex Limited has made a disclosure pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 regarding the allotment of equity shares resulting from the conversion of convertible warrants.

This is a continuation of a previous disclosure dated February 16, 2026. The original warrant issuance was approved by shareholders at an Extra-Ordinary General Meeting held on November 20, 2025. The company had received in-principle approvals from BSE Limited (reference no. LOD/PREF/AC/FIP/1611/2025-26 dated January 30, 2026) and MSEI Limited (reference no. MSE/LIST/2026/137 dated February 02, 2026).

Pursuant to these approvals, the company had allotted an aggregate of 79,72,000 (Seventy-Nine Lakhs Seventy-Two Thousand) convertible equity warrants of face value ₹10 each at an issue price of ₹125 per warrant. This initial allotment was made upon receipt of the minimum subscription amount of 25% of the issue price per warrant.

On October 21, 2026, certain warrant holders belonging to the Non-Promoter Group exercised their option to convert 2,66,666 (Two Lakhs Sixty-Six Thousand Six Hundred and Sixty-Six) warrants into equity shares. This conversion was effected upon payment of the balance consideration payable against these warrants.

The Board of Directors of the company approved this allotment via a circular resolution passed on October 21, 2026. The specific details of the allottees are as follows:

  • Ajmera Hiya Sachin: Converted 1,11,000 warrants (20,000 warrants pending conversion)
  • Modi Ramniklal Mohanlal: Converted 50,000 warrants (0 pending)
  • Pooja Jayesh Goragandhi: Converted 30,000 warrants (0 pending)
  • Jitesh Babulal Chhajed: Converted 25,000 warrants (0 pending)
  • Divya R Thirumalai Krishnasamy Rajagopalan: Converted 10,666 warrants (9,334 warrants pending conversion)
  • Yash Manoj Rathod: Converted 20,000 warrants (0 pending)
  • Rajesh Sohanraj Punmiya: Converted 20,000 warrants (0 pending, noted with a special zero character)

The company allotted an aggregate of 2,66,666 fully paid-up equity shares of face value ₹10 each to these warrant holders. The newly issued shares will rank pari-passu with existing equity shares of the company.

Capital Structure Impact

The allotment has increased the company's paid-up equity share capital as follows:

  • Existing paid-up equity share capital: 2,44,11,438 shares amounting to ₹24,41,14,380
  • Post-allotment paid-up equity share capital: 2,46,78,104 shares amounting to ₹24,67,81,040

This represents an increase of 2,66,666 shares and ₹2,66,66,600 in share capital.

Additional Details

The issue price for the equity shares is ₹125 each, including a premium of ₹115 per share. Each warrant carried the right to subscribe to one equity share of the company. The conversion was effected against receipt of the balance consideration payable by the respective warrant holders.

The application for listing and trading approval of the newly allotted equity shares will be made to the stock exchanges in due course.

The disclosure includes reference to SEBI circular SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, and the required annexure information is provided as part of the filing.