The Board of Directors of Sanjivani Paranteral Limited held a meeting on Thursday, 23rd July, 2026, which commenced at 6:30 P.M. and concluded at 7:50 P.M. The meeting was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Decisions and Approvals:
1. Preferential Allotment of Fully Convertible Warrants:
- The Board approved the issue and allotment of up to 5,00,000 (Five Lakhs) Fully Convertible Warrants on a preferential basis.
- The allottee is Mr. Ashwani Khemka, who belongs to the "Promoter" category.
- The aggregate issue amount is ₹7,36,95,000 (Indian Rupees Seven Crore Thirty-Six Lakhs Ninety-Five Thousand Only).
- The issue price per warrant is ₹147.39 (Indian Rupees One Hundred and Forty Seven Point Three Nine Only), determined by the Board in accordance with Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the Companies Act, 2013.
- The warrants are convertible at the option of the warrant holder(s) in one or more tranches within 18 (Eighteen) months from the date of allotment.
- Each warrant converts into one fully paid-up equity share of face value ₹10 each for cash.
- This allotment is subject to approval by the shareholders of the Company.
2. Relevant Date for Pricing:
- The Board noted that in accordance with Chapter V of SEBI ICDR Regulations, the 'Relevant Date' for determining the minimum issue price of the warrants is Thursday, 23rd July, 2026.
3. Material Related Party Transaction:
- The Board considered and approved material related party transaction(s) proposed to be entered into between the Company and SPL Infusion Private Limited, a subsidiary of the Company.
- This approval is pursuant to Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The transaction is subject to approval by the shareholders of the Company.
4. Postal Ballot Process:
- The Board took note of the notice of Postal Ballot for obtaining shareholder approval for the above matters and other incidental matters.
Additional Details from Annexure A:
- Type of Issuance: Preferential allotment on a private placement basis under the Companies Act, 2013 and SEBI ICDR Regulations, 2018.
- Investor Details:
- Mr. Ashwani Khemka (Promoter) - 5,00,000 warrants
- Pre and Post-Issue Shareholding:
- Pre-issue shareholding: 36,70,117 shares (29.88%)
- Post-issue shareholding: 41,70,117 shares (32.62%)
- Conversion Terms:
- Warrants convertible into equity shares within 18 months from allotment date in one or more tranches at warrant holder's option.
- Any warrants remaining unconverted after 18 months shall lapse, and the subscription amount paid for such warrants shall be forfeited.
- Consideration: Cash
- Cancellation/Termination: Not Applicable