The Allotment Committee approved the allotment of 1,74,445 fully paid-up Equity Shares of face value ₹10 each upon conversion of warrants. The specific allotment details are as follows:
- Amitkumar Yogendra Singh: 55,556 equity shares allotted
- Niti Trivedi: 55,556 equity shares allotted
- Vijay Acharya: 13,333 equity shares allotted
- Vikas Kamlakar Phadnis: 50,000 equity shares allotted
All allottees are classified as Non-Promoter category. The total number of warrants converted and equity shares allotted is 1,74,445.
The issue price for the conversion was ₹90 per share, which includes a premium of ₹80 per share.
Capital Structure Impact
The conversion resulted in the following changes to the company's capital structure:
- Existing Share Capital: 62,44,185 equity shares of face value ₹10 each, aggregating to ₹6,24,41,850
- Equity Share Capital Added: 1,74,445 equity shares of face value ₹10 each, aggregating ₹17,44,450
- Post-Allotment Paid-up Capital: ₹6,41,86,300 consisting of 64,18,630 equity shares of ₹10 each
The committee meeting commenced at 3:00 PM and concluded at 3:30 PM on June 5, 2026.
The disclosure was made with reference to SEBI/HO/49/14/14(7)2025- CFD- POD2/I/3762/2026 dated January 30, 2026, and includes the required Annexure A disclosure pursuant to Para A of Part A of Schedule III of Regulation 30 of the SEBI Listing Regulations.