QIP Details

Type of Issuance: Fully paid-up equity shares of face value of ₹2 each.

Total Amount Raised / Intended to Raise: [Not Specified]. The document does not disclose the total intended amount to be raised.

Number of Securities Issued: [Not Specified]. The final number of shares to be issued is not determined.

Face Value and Issue Price: The face value is ₹2 per Equity Share. The floor price for the Issue has been approved at ₹2,102.65 per Equity Share. The final Issue price will be determined by the Company in consultation with the Book Running Lead Managers (BRLMs) and may include a discount of up to 5% on the floor price.

Premium (if applicable): The floor price of ₹2,102.65 represents a significant premium to the face value of ₹2.

Names of Allottees (if disclosed): [Not Specified]. No allottees are named as the Issue was only authorized to open.

Timeline and Approval References:

  • Board of Directors approval was received at its meeting held on 16th July, 2026.
  • Shareholders' approval was received via a special resolution passed by postal ballot on 17th August, 2026.
  • The Committee of Directors (Administration, Authorisation & Finance) approved the QIP details at its meeting held on 24th August, 2026, which commenced at 6:55 p.m. and concluded at 7:10 p.m.
  • The 'relevant date' for the pricing formula is 24th August, 2026.
  • The preliminary placement document was filed with BSE and NSE on 24th August, 2026.

Purpose of the QIP: [Not Specified]. The specific purpose for raising capital is not mentioned in this document.

Post-QIP Shareholding Pattern: [Not Specified]. No details on the expected post-issue shareholding pattern are provided.

Other Announcements in the Document

The document includes a compliance update regarding the trading window closure. In accordance with the Company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the Company's securities has been closed for all designated persons and their immediate relatives. The window will remain closed as per the stipulated regulations.