Key Quantitative Figures

  • Allotment of 600,000 equity shares of face value ₹10 each
  • Issue price: ₹20 per share (₹10 face value + ₹10 premium)
  • Pre-allotment paid-up capital: ₹4,00,00,000 (40,00,000 shares)
  • Post-allotment paid-up capital: ₹4,60,00,000 (46,00,000 shares)
  • Capital increase: ₹60,00,000

Dates of Action

  • Extra Ordinary General Meeting: September 28, 2025 (shareholder approval)
  • BSE in-principle approval: January 1, 2026
  • Board meeting date: June 25, 2026 (2:00 PM to 3:00 PM)
  • Allotment date: June 25, 2026

Parties Involved

Allottees (Promoter Category):

  • Krishan Kumar Aggarwal: 100,000 shares
  • Nitin Aggarwal: 100,000 shares
  • Aayush Aggarwal: 50,000 shares

Allottees (Non-Promoter Category):

  • Nitin Goel: 50,000 shares
  • Sameer Chaudhary: 50,000 shares
  • Lalit Garg: 50,000 shares
  • Kusum Garg: 50,000 shares
  • Saurabh Kalia: 50,000 shares
  • Neha Kalia: 50,000 shares
  • Priyanka Chopra: 50,000 shares

Capital Structure Impact

  • Pre-allotment shares: 4,000,000 equity shares
  • Shares allotted: 600,000 equity shares
  • Post-allotment shares: 4,600,000 equity shares
  • Dilution: 13.04% increase in share capital
  • The newly allotted shares rank pari-passu with existing equity shares

Additional Requirements

  • Shares subject to lock-in as per SEBI ICDR Regulation 167
  • Company is in process of applying for listing of these shares on BSE Limited
  • Conversion ratio: 1 warrant = 1 equity share