Modulex Construction Technologies Limited has made a disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors of the Company, through a resolution passed by circulation on 16th June 2026, approved the conversion of 3,38,88,610 (Three Crores Thirty Eight Lakhs Eighty Eight Thousand Six Hundred Ten) Convertible Warrants into an equal number of Equity Shares. The conversion was approved in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations) and Sections 62 and 42 of the Companies Act, 2013.

Conversion Details

  • Conversion Date: 16th June 2026
  • Number of Warrants Converted: 3,38,88,610
  • Number of Equity Shares Allotted: 3,38,88,610
  • Face Value per Share: ₹10
  • Conversion Price per Share: ₹18 (including a premium of ₹8 per share)
  • Total Amount Raised: ₹45,74,96,235 (representing 75% of the total issue price per warrant)
  • Conversion Ratio: 1:1 (One Equity Share for every Warrant exercised)
  • Allottee Category: Non-Promoters of the Company

The conversion was executed upon receipt of the full subscription amount, as prescribed under Regulation 169 of the SEBI ICDR Regulations.

Investor Allotment Details

The equity shares were allotted to 19 non-promoter investors. The detailed breakdown of allotment is as follows:

| Sr. No. | Name of Allottee | Number of Equity Shares Allotted |

| 1 | Ajay Shah | 43,00,000 |

| 2 | Manjiri Shah | 36,00,000 |

| 3 | Manoj Biharilal Goyal | 23,89,473 |

| 4 | Nitin Chunilal Mehta | 10,00,000 |

| 5 | Jayesh Sureshchandra Sheth | 10,00,000 |

| 6 | Udaybhai Dhirubhai Desai HUF | 10,00,000 |

| 7 | Gautam Desai | 10,00,000 |

| 8 | Samardeep Singh Sarna | 15,00,000 |

| 9 | Dipen Shah | 15,00,000 |

| 10 | Kaushik Patel | 10,00,000 |

| 11 | Mahendra Manilal Bhagat | 29,00,000 |

| 12 | Paresh Mody | 29,00,000 |

| 13 | Amit Kanukant Shah | 35,10,527 |

| 14 | Manjeetsingh Gurbirsingh Sarna | 15,00,000 |

| 15 | Rajesh Sadhwani | 30,00,000 |

| 16 | Tejas Shah HUF | 4,00,000 |

| 17 | Madhu Kushwaha | 2,77,500 |

| 18 | Sushant Tanpure | 5,55,555 |

| 19 | Umesh Vanpal | 5,55,555 |

Financial Impact

The transaction resulted in a capital inflow of ₹45,74,96,235 to the company through the issuance of equity shares at a premium.