Date: 17 October 2026

Board Meeting Outcomes

  • The Fund Raising Committee of Pakka Limited approved the allotment of 38,80,000 fully paid-up equity shares of face value ₹10 each to Yash Agro Products Limited (Promoter Group entity)
  • The meeting was held on 17 October 2026, commencing at 12:30 PM IST and concluding at 1:10 PM IST
  • The allotment was made pursuant to the special resolution passed at the Extraordinary General Meeting held on 5 May 2026
  • The allotment complies with Sections 23, 42 and 62(1)(c) of the Companies Act, 2013 and Chapter V of the SEBI ICDR Regulations

Financial Impact

  • Total consideration received: ₹42,68,00,000
  • Issue price: ₹110 per equity share (₹10 face value + ₹100 securities premium)
  • Balance 75% consideration received: ₹32,01,00,000 (₹82.50 per warrant) on 16 October 2026
  • Upfront 25% consideration adjusted: ₹10,67,00,000 (₹27.50 per warrant)
  • Increase in paid-up equity share capital: ₹3,88,00,000
  • Increase in securities premium: ₹38,80,00,000

Shareholding Changes

Pre-allotment capital structure:

  • Total equity shares: 4,76,68,100
  • Paid-up equity share capital: ₹47,66,81,000
  • Promoter and Promoter Group holding: 1,87,20,271 shares (39.27%)
  • Public holding: 2,89,47,829 shares (60.73%)
  • Yash Agro Products Limited holding: 9,68,640 shares (2.03%)

Post-allotment capital structure:

  • Total equity shares: 5,15,48,100
  • Paid-up equity share capital: ₹51,54,81,000
  • Promoter and Promoter Group holding: 2,26,00,271 shares (43.84%)
  • Public holding: 2,89,47,829 shares (56.16%)
  • Yash Agro Products Limited holding: 48,48,640 shares (9.41%)

Warrant Conversion Details

  • Original warrant allotment date: 9 June 2026
  • Warrants outstanding before this conversion: 77,00,000
  • Warrants converted in this tranche: 38,80,000
  • Warrants remaining outstanding: 38,20,000
  • Warrant expiry date: 9 December 2027
  • Conversion ratio: 1 equity share for each warrant

Additional Information

  • The allotted equity shares rank pari passu with existing equity shares
  • Applicable lock-in requirements under SEBI ICDR Regulations will be implemented through depositories
  • The company will apply to BSE and NSE for listing and trading approvals
  • This allotment does not result in any change in control of the company