Share Capital Reconciliation

  • Pre-extinguishment paid-up share capital: 40,36,66,505 equity shares of ₹2/- each, totaling ₹80,73,33,010.
  • Number of shares extinguished: 69,25,000 equity shares in dematerialized form, with a capital value of ₹1,38,50,000.
  • Post-extinguishment paid-up share capital: 39,67,41,505 equity shares of ₹2/- each, totaling ₹79,34,83,010.

Extinguishment Details

All 69,25,000 shares were extinguished in dematerialized form through National Securities Depository Limited (NSDL) on October 7, 2026. The shares were held in the company's depository account (DP ID: IN301604, Client ID: 13664987) with Nirmal Bang Securities Private Limited. No physical shares were extinguished.

Certifications and Compliance

The extinguishment is certified by:

1. Man Infraconstruction Limited: Certified by Managing Director Manan Parag Shah (DIN: 06500239) and Whole-time Director & CFO Ashok M. Mehta (DIN: 03099844) on October 8, 2026, in Mumbai.

2. Registrar to the Buyback: MUFG Intime India Private Limited (formerly Link Intime India Private Limited), represented by Head Corporate Registry Swati Uchil.

3. Secretarial Auditor: Rathi & Associates (Firm Registration No: P1988MH011900), represented by Himanshu S. Kamdar (FCS: 5171, COP No.: 3030), issued a limited assurance report confirming the extinguishment.

Supporting Documents

  • Annexure A: Certificate dated October 8, 2026, from the company, registrar, and secretarial auditor, complying with Regulation 11(iv) and 24(iv) of SEBI Buyback Regulations.
  • Annexure B: Debit Confirmation Letter dated October 7, 2026, from NSDL (Ref: II/CA/COM/109340/2026) confirming the debit of 6,925,000 equity shares (ISIN: INE949H01023) from the company's account.

Secretarial Auditor's Findings

Rathi & Associates verified:

  • The transaction statement from the depository account (IN30160413664987) showing the buyback and extinguishment.
  • The number of shares bought back and extinguished are equal.
  • Reliance on NSDL's confirmation letter and management representation that only one depository account was used.

The report concludes that nothing has come to their attention to believe that the 69,25,000 equity shares bought back have not been extinguished.