Document Metadata
Reference Number: KDL/SE/035/2026-27
Transaction Details
Type of Issuance: Preferential issue on a private placement basis under Section 62(1)(c) read with Section 42 of the Companies Act, 2013 and Chapter V of the SEBI (ICDR) Regulations, 2018.
Securities: Up to 16,21,000 warrants convertible into equity shares of face value ₹5 each.
Total Issue Size: ₹91,74,86,000 (approximately ₹91.75 crore).
Allottee Details
Investors:
- Mr. Rajendra Mutha – 75,000 warrants for ₹4,24,50,000
- Krsnaa Diagnostics (Mumbai) Private Limited – 15,46,000 warrants for ₹87,50,36,000
Shareholding Impact
Preferential Issue shareholding percentage of Proposed Allottees:
- Mr. Rajendra Mutha – 24.75%
- Krsnaa Diagnostics (Mumbai) Private Limited – 2.36%
Post-Allotment shareholding (assuming full subscription):
- Mr. Rajendra Mutha – 23.79%
- Krsnaa Diagnostics (Mumbai) Private Limited – 6.78%
Pricing and Conversion Terms
Issue Price: ₹566 per warrant, determined in accordance with SEBI (ICDR) Regulations, 2018 as on the relevant date of August 18, 2026.
Conversion Terms: Each warrant is convertible into 1 fully paid-up equity share of face value ₹5. Conversion may be exercised in one or more tranches during a period of 18 months commencing from the date of allotment of warrants.
Additional Information
Number of Investors: 2
Digital Signature Date: August 20, 2026 at 13:59:07 IST