Simplex Castings Ltd.

Equity Share Allotment Details

  • Number of shares: 5,94,901 equity shares of face value ₹2 each
  • Issue price: ₹105 per share (including premium of ₹103 per share)
  • Total amount raised: ₹6,24,64,605 (Six Crore Twenty-Four Lakh Sixty-Four Thousand Six Hundred and Five)
  • Allottee category: Non-Promoters
  • Regulatory reference: SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026

Equity Share Allottees (Non-Promoters):

  • NAFA INDIA EMERGING BLUE CHIP FUND: 77,142 shares
  • Vishal Gupta: 95,238 shares
  • MILI EMERGING EQUITIES FUND: 19,285 shares
  • Apurva Narendrakumar Parekh: 154,285 shares
  • Resonance Opportunities Fund: 96,428 shares
  • Snehal Sunny Shah: 11,571 shares
  • Venus Investments VCC-Venus Stellar Fund: 23,810 shares
  • Paresh Dineshlal Shah: 20,000 shares
  • Niraj Deepak Dalal: 20,000 shares
  • Shah Amee D: 77,142 shares

Convertible Warrant Allotment Details

  • Number of warrants: 163,809 fully convertible equity warrants
  • Conversion terms: Each warrant convertible into one equity share of face value ₹2 each
  • Issue price: ₹105 per warrant (including premium of ₹103 per warrant)
  • Total potential amount: ₹1,71,99,945 (One Crore Seventy-One Lakh Ninety-Nine Thousand Nine Hundred Forty-Five)
  • Upfront payment received: ₹42,99,988 (25% of total amount)
  • Balance payment: 75% payable upon conversion within 18 months
  • Allottee category: Non-Promoters

Warrant Allottees (Non-Promoters):

  • Chandni Gupta: 47,619 warrants
  • Venus Investments VCC-Venus Stellar Fund: 76,190 warrants
  • Saurabh Gupta: 20,000 warrants
  • Akshit Lakhotia: 20,000 warrants

Conversion Terms and Conditions

  • Warrants convertible at discretion of warrant holder within 18 months from allotment date
  • Balance 75% of issue price payable upon conversion exercise
  • Number of equity shares subject to adjustments as permitted under applicable rules and regulations
  • If conversion not exercised within 18 months, conversion entitlement lapses and upfront consideration forfeited

Capital Structure Impact

Consequent to the warrant allotment, there is no immediate change in the paid-up equity share capital, shareholding pattern, or control of the company. Equity dilution will occur only upon exercise of warrant conversion.