Date: July 19, 2026
Board Meeting Outcomes
- The Board of Directors, via circular resolutions dated July 18, 2026, approved the allotment of equity shares on a preferential basis for cash consideration
- This follows previous disclosures dated June 4, 2026, June 6, 2026, June 28, 2026 and June 29, 2026, and shareholder approval obtained at the Extra-Ordinary General Meeting held on June 28, 2026
Fundraising / Financing
- Allotment of 1,32,56,470 (One Crore Thirty Two Lakh Fifty Six Thousand Four Hundred and Seventy) Equity Shares
- Face value: ₹10 per share
- Issue price: ₹347 per equity share (including premium of ₹337 per share)
- Total amount raised: ₹459,99,95,090 (Four Hundred Fifty Nine Crore Ninety Nine Lakh Ninety Five Thousand Ninety Only)
- Type of issue: Preferential basis for consideration in cash
Capital Structure Update
Post-allotment paid-up equity share capital:
- Number of Equity Shares: 18,94,96,175
- Amount: ₹1,89,49,61,750