Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 for a preferential issue of warrants.
Audit Opinion:
Not Specified
Auditor’s Comment:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board has approved raising funds up to an aggregate of ₹1000,07,00,000 (Indian Rupees One Thousand Crores Seven Lacs only).
This will be achieved through the issue of up to 51,55,00,000 (Fifty One Crore Fifty Five Lacs) warrants.
Each warrant is convertible into one fully paid-up equity share of the Company at an issue price of ₹19.40 per share (including a premium of ₹17.40).
The issuance is a preferential issue on a private placement basis.
An Extra-ordinary General Meeting (EGM) of shareholders is scheduled for July 2, 2026, to seek approval for the Preferential Issue.
The warrants may be converted into equity shares in one or more tranches within 18 months from the date of allotment.
Investor Details:
The allottees and the number of warrants to be issued to each are:
1. Phanes Limited (Promoter Group): 22,52,50,000 warrants
2. Hermes Limited (Promoter Group): 14,02,50,000 warrants
3. EBISU Global Opportunities Fund Limited (Non-Promoter Group): 10,00,00,000 warrants
4. Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund (Non-Promoter Group): 5,00,00,000 warrants
Total: 51,55,00,000 warrants
Post-Allotment Shareholding (assuming full conversion):
The document states the post-allotment shareholding for the allottees will be equivalent to the number of warrants they subscribe to, as their holding prior to the subscription is stated as 'Nil' for this specific issuance.
Other Significant Information:
The company's Corporate Identification Number (CIN) is L64200HR2007PLC077999.