The approval was granted via a letter from BSE Limited (Reference No. LOD/PREF/KS/FIP/485/2026-27) dated July 09, 2026. The shares have a face value of ₹10 each and were issued at a premium of ₹161 per share. The distinctive numbers for the share block are from 113919124 to 117019123. The issuance was made to the company's promoters on a preferential basis and was pursuant to the conversion of warrants.
The company is now required to comply with Regulation 167 of the SEBI (ICDR) Regulations. Furthermore, the company must file its shareholding pattern in XBRL mode if any change exceeds two percent of its total paid-up share capital, as required under Regulation 31(1)(c) of the SEBI LODR Regulations, 2015.
Trading approval for these shares is contingent upon the company filing the following documents with the Exchange:
- Listing approval from the National Stock Exchange of India Ltd. (if applicable).
- Confirmation letters from NSDL/CDSL about crediting the shares to the respective beneficiary accounts.
- Confirmation letters from NSDL/CDSL about the lock-in of pre-preferential holding (if applicable).
As per SEBI Circular No. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, the company must apply for trading approval within seven working days from the date of this listing approval grant. Non-compliance with this timeline will attract a fine as specified in the aforementioned circular.
The intimation was signed by Chaitanya Mundra, Company Secretary and Compliance Officer, on July 10, 2026.