Date: 1st October 2026

Board Meeting Outcomes

  • The Company has subscribed to 74,480 equity shares of One Point One Technology Labs Private Limited (OPO Tech Lab), a subsidiary company
  • The transaction was approved and executed through private placement basis

Disinvestment / Strategic Actions

  • Target Entity: One Point One Technology Labs Private Limited
  • Relationship: Subsidiary
  • Nature of Transaction: Acquisition of shares by OPOSL in OPO Tech Lab
  • Number of Shares Acquired: 74,480 equity shares of face value ₹10 each
  • Issue Price per Share: ₹3,467.10 (including premium of ₹3,457.10)
  • Total Consideration: ₹25,82,29,608
  • Nature of Consideration: Non-cash – extinguishment of outstanding liability owed by the Subsidiary to the Company
  • Pre-Transaction Shareholding: 6,05,999 shares (60.00%)
  • Post-Transaction Shareholding: 6,80,479 shares (62.75%)
  • Change in Shareholding: Increase of 74,480 shares (+2.75%)

Regulation, Compliance & Legal

  • Disclosure made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Full details provided in Annexure I to the disclosure

Other Operational / Legal / Strategic Disclosures

  • The shares were issued on a private placement basis
  • Consideration was other than cash, specifically through extinguishment of outstanding liability
  • The transaction strengthens the company's control over its subsidiary from 60% to 62.75% ownership