Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Disclosure of allotment details for Qualified Institutions Placement (QIP)
Date of Board Meeting / Approval: June 11, 2026
Audit Opinion: Not Specified
Auditor’s Comment: Not Specified
Key Financial Highlights:
Corporate Actions:
- The Board of Directors approved allotment of 13,57,46,600 fully paid-up Equity Shares of face value ₹1 each
- Issue price: ₹11.05 per Equity Share (including a premium of ₹10.05 per Equity Share)
- The issue price represents a discount of ₹0.53 per Equity Share (4.57%) to the floor price of ₹11.58 per Equity Share
- Total funds raised: ₹1,49,99,99,930.00 (One Hundred and Forty Nine Crore Ninety-Nine Lakhs Ninety-Nine Thousand Nine Hundred and Thirty Only)
- QIP opening date: June 09, 2026
- QIP closing date: June 11, 2026
Capital Structure Change:
- Pre-issue paid-up equity capital: ₹1,00,17,60,000 consisting of 1,00,17,60,000 Equity Shares of ₹1 each
- Post-issue paid-up equity capital: ₹1,13,75,06,600 consisting of 1,13,75,06,600 Equity Shares of ₹1 each
- Capital increase: ₹13,57,46,600 (13.57 crore shares)
Major Allottees (Annexure A - Allottees with >5% allocation):
1. PINE OAK GLOBAL FUND - 2,26,24,440 shares (16.6667% of issue) - FOREIGN PORTFOLIO INVESTOR (CORPORATE)
2. MINT FOCUSED GROWTH FUND PCC- CELL 1 - 2,26,24,440 shares (16.6667% of issue) - FOREIGN PORTFOLIO INVESTOR (CORPORATE)
3. SAINT CAPITAL FUND - 2,26,24,440 shares (16.6667% of issue) - FOREIGN PORTFOLIO INVESTOR (CORPORATE)
4. NOVA GLOBAL OPPORTUNITIES FUND PCC - TOUCHSTONE COMPACT STRUCTURE FUND - 1,85,52,060 shares (13.6667% of issue) - FOREIGN PORTFOLIO INVESTOR (CORPORATE)
5. TIGER STRATEGIES FUND -I - 90,49,780 shares (6.6667% of issue) - ALTERNATE INVESTMENT FUND
- Total major allottees: 10,90,49,820 shares (80.3335% of total issue)
Meeting Details:
- Board meeting commenced at 10:00 P.M. IST and concluded at 10:30 P.M. IST on June 11, 2026
Regulatory Framework:
- Conducted under Chapter VI of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Under Sections 42 and 62(1)(c) of the Companies Act, 2013
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Signatories:
- Sanjay Chhabra, Managing Director (DIN: 00120792)
- Place of signing: Jaipur
- Date: June 11, 2026
Other Significant Information:
- The shareholding pattern of the Company, before and after the Issue, will be submitted along with the listing application
- The document serves as compliance under applicable provisions of SEBI Listing Regulations