Allotment Details
The Board of Directors approved via Circular Resolution dated August 19, 2026 the allotment of 7,50,000 warrants as the second tranche of a previously approved issue. This follows earlier disclosures dated May 07, 2026 (board approval) and June 06, 2026 (shareholder approval) for a total of 19,51,000 warrants.
Transaction Specifics
- Security Type: Warrants
- Face Value: ₹10 per warrant
- Issue Price: ₹358 per warrant
- Allotment Basis: Preferential basis to non-promoter category
- Payment Terms: Cash consideration
- Total Investment Commitment: ₹6,71,25,000 (25% of total consideration payable upfront)
Allottee Breakdown
| Allottee Name | Category | Warrants Allotted | Investment Amount (₹) |
| Zyana Developers LLP | Non-Promoter | 5,00,000 | 4,47,50,000 |
| Shailja Sandeep Jindal | Non-Promoter | 1,00,000 | 89,50,000 |
| Gautam Gopikishan Makharia | Non-Promoter | 75,000 | 67,12,500 |
| Punit Gopikishan Makharia | Non-Promoter | 75,000 | 67,12,500 |
| Total | | 7,50,000 | 6,71,25,000 |