Key Quantitative Figures

  • Total Warrants to be Issued: 16,45,000 (Sixteen Lakh Forty-Five Thousand)
  • Issue Price per Warrant: ₹152 (Rupees One Hundred Fifty-Two Only)
  • Total Subscription Consideration: ₹25,00,40,000 (Rupees Twenty-Five Crore Forty Thousand Only)
  • Warrant Subscription Price (25% upfront): ₹38 per Warrant
  • Exercise Price (75% upon conversion): ₹114 per Warrant
  • Floor Price Calculation:
  • 90-day VWAP: ₹117.34 per Equity Share
  • 10-day VWAP: ₹150.80 per Equity Share
  • Floor Price: ₹150.80 (higher of the two)
  • Valuation Report Price: ₹151.44 per warrant (by independent valuer)
  • Premium over Valuation: ₹0.56 (0.37% premium)
  • Warrant Tenor: 18 months from date of allotment

Dates of Action

  • Original EGM Notice Date: October 9, 2026
  • EGM Notice Dispatch Date: October 10, 2026
  • Corrigendum Date: October 26, 2026
  • EGM Date: November 2, 2026 at 04:00 PM IST
  • Relevant Date for Pricing: October 1, 2026
  • Valuation Report Date: October 23, 2026
  • Remote e-Voting Period: October 29, 2026 (09:00 AM) to November 1, 2026 (05:00 PM)
  • Cut-off Date for Voting: October 26, 2026

Parties Involved

Promoter Allottees:

1. Mr. Om Prakash Maheshwari - 1,64,500 warrants

2. Mr. Pramod Kumar Maheshwari - 1,64,500 warrants

3. Mr. Nawal Kishore Maheshwari - 1,64,500 warrants

Promoter Group Allottees:

4. Mrs. Neelima Maheshwari - 1,64,500 warrants

5. Mrs. Shilpa Maheshwari - 1,64,500 warrants

6. Mrs. Rekha Maheshwari - 1,64,500 warrants

7. Mr. Anmol Maheshwari - 1,64,500 warrants

8. Mr. Parv Maheshwari - 1,64,500 warrants

9. Ms. Priyal Maheshwari - 1,64,500 warrants

10. Wellwin Technosoft Limited - 1,64,500 warrants

Regulatory Authorities: BSE Limited, National Stock Exchange of India Limited, SEBI, Ministry of Corporate Affairs

Professional Service Providers:

  • Mr. Rohit Khandelwal, IBBI Registered Valuer (Registration No. IBBI/RV/03/2020/13235)
  • Bharat Rathore & Associates, Practicing Company Secretaries
  • NSDL (e-voting agency)

Purpose and Rationale

The company aims to raise funds to strengthen its capital base and provide necessary financial resources to support its business and growth plans as a provider of financing solutions. The proceeds will be utilized for:

  • Augmentation of capital for onward lending (₹24.254 crore, 97% of proceeds)
  • General Corporate Purposes (₹0.75 crore, 3% of proceeds)

The warrant structure enables infusion of funds in phases across 18 months, providing financial flexibility while protecting existing shareholders from immediate dilution.

Financial and Operational Impact

Capital Structure Impact:

  • Pre-issue Share Capital: 1,81,92,939 Equity Shares
  • Post-issue Share Capital (fully diluted): 1,98,37,939 Equity Shares
  • Dilution: 8.99% increase in share capital

Shareholding Pattern Change:

  • Promoter Shareholding Pre-issue: 63.80% (1,16,07,816 shares)
  • Promoter Shareholding Post-issue: 66.81% (1,32,52,816 shares)
  • Public Shareholding Reduction: from 36.20% to 33.19%

Lock-in Requirements:

  • Warrants and resultant Equity Shares subject to lock-in as per SEBI ICDR Regulations
  • Pre-preferential promoter shareholding subject to applicable lock-in requirements

Corporate Governance Items

Item No. 1: Amendment to Articles of Association to insert Article 8A enabling issuance of warrants and convertible securities

Item No. 2: Special resolution for preferential issue of warrants to promoter and promoter group entities

Additional Information

The corrigendum was issued pursuant to queries/observations from stock exchanges requiring an independent valuation report. The valuation was conducted by Mr. Rohit Khandelwal, an IBBI-registered valuer.

The company has undertaken that:

  • No promoter/promoter group members sold shares during 90 trading days preceding Relevant Date
  • The company is in compliance with continuous listing conditions
  • No outstanding dues to SEBI, stock exchanges or depositors (except subject to pending appeals)
  • No directors/promoters are fugitive economic offenders or wilful defaulters

Documents Available for Inspection

  • Valuation Report dated October 23, 2026
  • Practicing Company Secretary's Certificate dated October 9, 2026 with corrigendum dated October 16, 2026
  • Draft copy of amended Articles of Association

All documents are available on the company's website (www.cpcapital.in) and for physical inspection at the registered office.