Location: Through Video Conferencing/Other Audio Visual Means (VC/OAVM) facility
Type: Extra Ordinary General Meeting
Deemed Venue: Registered Office at F-483 to F-487, RIICO, Growth Center, Hamirgarh, Bhilwara-311025, Rajasthan
Proposed Resolutions and Implications
Item No. 1: Issue of Equity Shares on Preferential Basis
Resolution Type: Special Resolution
Number of Shares: 35,00,000 Equity Shares
Face Value: ₹10 per share
Premium: ₹325 per share
Issue Price: ₹335 per share
Total Amount: ₹117,25,00,000 (One Hundred Seventeen Crore Twenty-Five Lakhs)
Allottees:
Clarus Capital I: 22,50,000 shares (Non-promoter Public AIF)
Kritagyata Trust: 11,25,000 shares (Non-promoter Public Trust)
Emerge Capital Opportunities Scheme: 1,25,000 shares (Non-promoter Public AIF)
Objects: Working Capital (₹88.25 crore, 75.26%) and General Corporate Purposes (₹29.00 crore, 24.74%)
Lock-in: 6 months from date of trading approval for non-promoter allottees
Relevant Date: 24th September 2026
Floor Price: ₹330.04 as per SEBI ICDR Regulations
Item No. 2: Issue of Convertible Warrants on Preferential Basis
Resolution Type: Special Resolution
Number of Warrants: 17,00,000 Warrants convertible into equal number of Equity Shares
Face Value: ₹10 per share
Premium: ₹325 per share
Issue Price: ₹335 per warrant
Total Amount: ₹56,95,00,000 (Fifty Six Crore Ninety Five Lakh)
Allottees: 81 identified non-promoter persons including Clarus Capital I (2,50,000 warrants), Anso Capital Private Limited (1,00,000 warrants), and various other public entities and individuals
Objects: Capital Expenditure (₹30.00 crore, 52.68%), Working Capital (₹14.95 crore, 26.25%), and General Corporate Purposes (₹12.00 crore, 21.07%)
Conversion Terms: 25% payment on allotment, balance within 18 months, 1 equity share per warrant
Lock-in: 6 months from date of trading approval for converted shares
Voting Process and Methods
Voting Methods: Remote e-voting and venue voting on meeting date
E-voting Service Provider: National Securities Depository Limited (NSDL)
Remote E-voting Period: Commences Wednesday, 21st October 2026 at 9:00 AM (IST) to Friday, 23rd October 2026 at 5:00 PM (IST)
Cut-off Date: Saturday, 17th October 2026
Voting Rights: Proportional to shareholding as on cut-off date
Scrutinizer: Mr. Brij Kishore Sharma of M/s. B.K. Sharma and Associates, Practicing Company Secretaries, Jaipur
