Date: October 20, 2026

Fundraising / Strategic Actions

OnEMI Technology Solutions Limited has received in-principle approvals from both National Stock Exchange of India Limited (NSE) and BSE Limited for a preferential issue of equity shares to non-promoter investors.

Issue Details:

  • Number of shares: 2,64,93,882 fully paid-up equity shares
  • Face value: INR 1 per share
  • Issue price: INR 314.11 per share (including premium of INR 313.11 per share)
  • Total issue size: INR 8,32,19,93,275.02 (₹832.20 crore)
  • Investors: Identified non-promoter investors
  • Basis: Preferential issue on private placement basis

Approval Details:

  • NSE approval reference: NSE/LIST/57596 dated October 19, 2026
  • BSE approval reference: LOD/PREF/PB/FIP/973/2026-27 dated October 19, 2026
  • Regulatory basis: Regulation 28(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Conditions and Requirements:

The approvals are subject to the company fulfilling several conditions:

  • Filing listing application promptly after allotment
  • Obtaining all statutory and regulatory approvals from SEBI, RBI, MCA, and other authorities
  • Compliance with all applicable guidelines, regulations, and directions
  • Payment of applicable fees and submission of required documents

Specific Compliance Requirements:

The stock exchanges specifically advised the company to:

  • Strengthen internal controls to monitor trades executed by proposed allottees in the company's scrip
  • Obtain undertakings from allottees confirming they will not engage in intra-day trading or any sale in the company's scrip until the allotment date
  • Note that the responsibility for verification and compliance rests solely with the issuer company, particularly regarding Regulation 167(6) of SEBI ICDR Regulations, 2018
  • Understand that any non-compliances observed post-undertaking may impact the listing of such shares

Additional Requirements:

  • The company must make listing application within twenty days from the date of allotment as per SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023
  • The exchanges reserve the right to withdraw approval if submitted information is found incomplete, incorrect, misleading, false, or in contravention of any regulations

Disclosure:

The information has been made available on the company's website at www.kissht.com/investor-relations/announcements