Summary of Key Information:

Nature of Filing / Announcement: Qualified Institutions Placement (QIP) Allotment

Key Financial Highlights:

Corporate Actions:

  • Board approved issue and allotment of 34,01,360 Equity Shares of face value ₹2 each
  • Issue price: ₹1,470 per Equity Share including Premium of ₹1,468 per share
  • Discount of ₹77.18 (4.99% of Floor Price) applied
  • Total issue size: ₹50,000 Lakhs (₹500 Crores)
  • QIP opened: Monday, June 29, 2026
  • QIP closed: Thursday, July 02, 2026

Capital Structure Change:

  • Pre-issue paid-up Equity Share capital: ₹11,94,17,060 consisting of 5,97,08,530 Equity Shares
  • Post-issue paid-up Equity Share capital: ₹12,62,19,780 consisting of 6,31,09,890 Equity Shares of face value ₹2 each
  • Increase in share capital: ₹68,02,720

Allottees (More than 5% of Issue):

1. VQ FASTERCAP FUND - 6,80,272 shares (20.00%)

2. VALUEQUEST INDIA INFLEXION FUND - 5,10,204 shares (15.00%)

3. VQ FASTERCAP FUND - 5,10,204 shares (15.00%)

4. ABU DHABI INVESTMENT AUTHORITY - WAY - 2,19,200 shares (6.4445%)

5. WHITEOAK CAPITAL FLEXI CAP FUND - 1,85,034 shares (5.4400%)

Other Significant Information:

  • The allotment list includes various institutional investors: Alternate Investment Funds (AIFs), Foreign Portfolio Investors (FPIs), Mutual Funds, and Corporate Bodies
  • Major participants include Goldman Sachs, Morgan Stanley, Citigroup, JM Financial, and multiple WhiteOak Capital funds
  • Complete list of 30 allottees provided in Annexure-1 with detailed allocation percentages