Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: July 08, 2026
Meeting Duration: Commenced at 11:50 AM (IST) and concluded at 12:35 PM (IST)
Key Financial Highlights:
Corporate Actions:
- Approved conversion of 1,85,70,133 fully paid warrants into 1,85,70,133 equity shares of ₹1 each
- Preferential allotment to 17 non-promoter entities at an issue price of ₹134 per share
- Total consideration received: ₹248,83,97,822
- Pre-issue subscribed & paid-up capital: 26,39,92,553 shares amounting to ₹26,39,92,553
- Post-issue subscribed & paid-up capital: 28,25,62,686 shares amounting to ₹28,25,62,686
Capital Structure Change:
The equity share capital increased from 263,992,553 shares to 282,562,686 shares as a result of the preferential allotment.
Allottee Details:
| Sl. No. | Non-promoter entities/Persons | No. of Equity Shares Allotted |
| 1 | TEJAS TRIVEDI | 37,31,343 |
| 2 | KETAN CHHOTALAL SHETH | 20,00,000 |
| 3 | ITI HOLDINGS AND INVESTMENT PRIVATE LIMITED | 18,65,670 |
| 4 | ARUN NAHAR | 15,00,000 |
| 5 | JAGDISH N MASTER | 15,00,000 |
| 6 | NILESH KISHORE SHAH | 12,00,000 |
| 7 | NIMESH ARVIND DOSHI | 11,94,100 |
| 8 | ORACULAR ADVISORY PRIVATE LIMITED | 11,25,000 |
| 9 | ATMAN INVESTMENTS PRIVATE LIMITED | 10,00,000 |
| 10 | ZAPFIN TEKNOLOGIES PRIVATE LIMITED (Formerly, Trishakti Power Holdings Private Limited) | 10,00,000 |
| 11 | TIKRI PARTNERS LLP | 7,46,260 |
| 12 | CAMPBELL ADVERTISING PRIVATE LIMITED | 4,47,760 |
| 13 | NIMISH CHANDULAL SHAH | 3,60,000 |
| 14 | SHARAD NANDLAL SHAH | 3,00,000 |
| 15 | NEHA IYENGAR | 3,00,000 |
| 16 | SHANTIKUMAR GIRDHARLAL SHAH | 1,50,000 |
| 17 | CHARU MAHENDRA PARIKH | 1,50,000 |
| Total | | 1,85,70,133 |
Other Significant Information:
The disclosures were made pursuant to Regulation 30 and Schedule III of the SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026.