Key Quantitative Figures
- Number of Equity Shares Allotted: 11,00,000 (Eleven Lakh)
- Face Value per Share: ₹10
- Issue Price per Share: ₹10
- Total Issue Amount: ₹1,10,00,000 (One Crore Ten Lakh)
- Pre-Allotment Paid-Up Capital: Not explicitly stated, but implied base was 2,98,00,000 shares (3,09,00,000 post - 11,00,000 allotted)
- Post-Allotment Paid-Up Capital: 3,09,00,000 equity shares of ₹10 each
Dates of Action
- Board Meeting Date: 27th June, 2026 (commenced at 4:30 PM, concluded at 5:00 PM)
- Previous Communication Dates: 10th March 2026 and 6th April 2026 regarding approval for the issue
- In-Principle Approval from Exchange: Received on 12th June 2026 (Ref. No.: LOD/PREF/MV/FIP/373/2026-27)
Parties Involved
- Investors:
- Pritika Surana: Allotted 4,00,000 shares
- Raj Deepak Thakur: Allotted 3,50,000 shares
- Manas Thakur: Allotted 3,50,000 shares
- Regulator/Exchange: BSE Ltd.
- Company Officer: CS Ms. Shweta Sharma, Company Secretary and Compliance Officer
Purpose or Rationale
The allotment is part of a phased implementation of a previously approved preferential issue of up to 2,03,50,000 equity shares.
Financial and Capital Structure Impact
- The allotment increases the company's issued and paid-up equity share capital.
- The new shares will rank pari-passu with the existing equity shares of the Company.
- The specific dilution impact on existing shareholders is not quantified in the disclosure.
Cash Flow Implications
- The company will receive a cash inflow of ₹1,10,00,000 from this allotment.
Forward-Looking Statements
- The application for listing and trading approval of the allotted equity shares will be made to the Stock Exchange "in due course."