Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Audit Opinion:
Not Specified
Auditor’s Comment:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board of Directors considered and approved the following capital raising actions:
1. Preferential Issue of Equity Shares:
- Issuance of up to 35,00,000 (Thirty Five Lakh) Equity Shares
- Face value: Rs. 10/- per share
- Securities premium: Rs. 325/- per share
- Issue price: Rs. 335/- per share
- Total issue size: Rs. 1,17,25,00,000/- (One Hundred Seventeen Crores Twenty Five Lakh only)
- Allottees: Non-promoter/Identified Persons (3 investors)
- Investor breakdown:
- Clarus Capital I: 22,50,000 shares
- Kritagyata Trust: 11,25,000 shares
- Emerge Capital Opportunities Scheme: 1,25,000 shares
2. Preferential Issue of Convertible Warrants:
- Issuance of up to 17,00,000 (Seventeen Lakh) Warrants
- Each warrant convertible into one Equity Share of face value Rs. 10/-
- Issue price: Rs. 335/- per warrant
- Total issue size: Rs. 56,95,00,000/- (Fifty Six Crores Ninety Five Lakh only)
- Allottees: Non-Promoter/Identified Persons (81 investors)
- The list of 81 investors is provided in Annexure-II with individual allotments ranging from 500 to 4,00,000 warrants.
3. Shareholding Pattern Impact:
Equity Shares Issue Impact:
- Pre-issue promoter holding: 1,65,69,636 shares (62.72%)
- Pre-issue public holding: 98,48,624 shares (37.28%)
- Post-issue promoter holding: 1,65,69,636 shares (55.38%)
- Post-issue public holding: 1,33,48,624 shares (44.62%)
- Total shares pre-issue: 2,64,18,260
- Total shares post-issue: 2,99,18,260
Fully Diluted Basis (including warrant conversion):
- Pre-issue promoter holding: 2,05,69,636 shares (65.06%)
- Pre-issue public holding: 1,10,45,524 shares (34.94%)
- Post-issue promoter holding: 2,05,69,636 shares (58.58%)
- Post-issue public holding: 1,45,45,524 shares (41.42%)
- Post-issue fully diluted (including new warrants): 3,68,15,160 shares
4. Extraordinary General Meeting:
- An EGM is scheduled to be convened on Saturday, 24th October 2026
- Purpose: To seek shareholder approval for the preferential issues
Other Significant Information:
The company's corporate office is located at F-483 to F-487, RIICO Growth Center, Hamirgarh, Bhilwara, Rajasthan 311001. Company CIN is L18101RJ2003PLC018359.