Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting
Corporate Actions:
The Board of Directors approved raising funds aggregating up to ₹600 Crore (Rupees Six Hundred Crore only), comprising:
- Base issue size of up to ₹400 Crore (Rupees Four Hundred Crore only)
- Green shoe option of up to ₹200 Crore (Rupees Two Hundred Crore only)
Fundraising may be conducted through issuance of any instrument or security for cash, including:
- Equity shares
- Preference shares
- Fully or partly convertible debentures
- Non-convertible debentures with or without warrants
- Any other equity based securities
- Any combination of eligible securities
Fundraising may be conducted in one or more tranches and/or one or more issuances, simultaneously or otherwise, through various methods including:
- Preferential allotment
- Private placement
- Qualified institutions placement(s)
- Any other method permitted under applicable laws
Governance Structure:
The "IGESL Committee of the Board of Directors for Operations" has been authorized to:
- Decide the terms and conditions of the proposed fund raise
- Approve ancillary actions for the fundraising
Additional Information:
The disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of SEBI Listing Regulations.
Required disclosures under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on 30th January, 2026 will be made upon finalization of security type and mode of issuance.