Pune E - Stock Broking Limited has made a disclosure to BSE Limited under Regulation 30 read with Regulation 51 of SEBI (LODR) Regulations, 2015 regarding the conversion of warrants into equity shares.

The Board of Directors approved the allotment of 7,61,000 equity shares of face value ₹10 each at an issue price of ₹171 per share (including a premium of ₹161 per share) to persons belonging to Promoter/Non-Promoter Group Category. This conversion was effected upon receipt of balance consideration amounting to ₹9,75,98,250 (representing 75% of the issue price per warrant).

Allottee Details

The conversion involved 15 allottees with the following breakdown:

  • Vrajesh Navneetlal Shah (Promoter Group): 70,000 shares, ₹89,77,500 received
  • Vrajesh Navneetlal Shah HUF (Promoter Group): 50,000 shares, ₹64,12,500 received
  • Pinki Vrajesh Shah (Promoter Group): 10,000 shares, ₹12,82,500 received
  • Shraddha Vrajesh Shah (Promoter Group): 10,000 shares, ₹12,82,500 received
  • Shreya Vrajesh Shah (Promoter Group): 10,000 shares, ₹12,82,500 received
  • Devendra Ramchandra Ghodnadikar HUF (Promoter Group): 50,000 shares, ₹64,12,500 received
  • Nisha Vrajesh Shah (Promoter Group): 45,000 shares, ₹57,71,250 received
  • Nikunj Krishnakumar Shah (Promoter Group): 1,00,000 shares, ₹1,28,25,000 received
  • Suresh G Vaghela (Non-Promoter Group): 40,000 shares, ₹51,30,000 received
  • Malak Hasmukh Gada (Non-Promoter Group): 40,000 shares, ₹51,30,000 received
  • Jignesh Vallabh Patel/Satyen Vallabh Patel/Vallabh Lalji Patel/Vipul Vallabh Patel (SVJ Constrotech) (Non-Promoter Group): 1,00,000 shares, ₹1,28,25,000 received
  • Rishi Ketan Kotecha (Non-Promoter Group): 21,000 shares, ₹26,93,250 received
  • Manisha Gupta (Non-Promoter Group): 1,50,000 shares, ₹1,92,37,500 received
  • Lalit Agarwal (Non-Promoter Group): 35,000 shares, ₹44,88,750 received
  • T R Maheshwari (Non-Promoter Group): 30,000 shares, ₹38,47,500 received

Capital Structure Impact

The issued, subscribed and paid-up Equity Share Capital of the Company has increased to ₹16,61,18,580 consisting of 1,66,11,858 fully paid-up Equity Shares of ₹10 each. The newly allotted equity shares shall rank pari-passu in all respects with the existing equity shares of the Company.

Regulatory Compliance Details

The disclosure includes the following regulatory information as required:

  • Type of securities: Fully paid-up equity shares upon conversion of share warrants
  • Type of issuance: Preferential allotment on Private Placement Basis
  • Total securities: 7,61,000 equity shares of face value ₹10 each
  • Number of Investors: 15 (Fifteen)
  • Issue price: ₹171 per warrant
  • Conversion mechanism: 25% of warrant issue price received at subscription, balance 75% received at conversion

The original warrant allotment of 20,00,000 Convertible Equity Warrants was made on a preferential basis to persons belonging to Promoter and Non-Promoter Group Category on September 17, 2025, in accordance with SEBI (ICDR) Regulations, 2018.

The disclosure references SEBI Master Circular bearing reference number SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024, amended from time to time.