Key Quantitative Figures
- Number of warrants: 90,50,000 warrants convertible into equivalent number of equity shares
- Face value: Rs. 2 per equity share
- Issue price: Rs. 63.64 per warrant (including premium of Rs. 61.64 per warrant)
- Total potential equity shares: 90,50,000 shares
Dates of Action
- Preferential Allotment Committee meeting date: Saturday, 19th September 2026
- Meeting timing: Commenced at 05:00 PM and concluded at 5:30 PM
- Extra Ordinary General Meeting date: 14th August 2026
- BSE in-principle approval date: 18th September 2026
- Disclosure date: 19th September 2026
Parties Involved
- Issuing Company: Swastika Investmart Limited (BSE Scrip Code: 530585; ISIN: INE691C01022)
- Regulatory authority: BSE Limited
- Allotees: Persons belonging to promoter & promoter group and non-promoter/public category
Purpose and Rationale
Preferential issuance of warrants for cash consideration in accordance with special resolution passed by members in Extra Ordinary General Meeting held on 14th August 2026.
Committee Approvals
The Preferential Allotment Committee approved:
1. Private Placement Offer-cum-Application Letter (Form PAS-4) and Application Form for issuance of warrants
2. Such other business(es) as may be permitted with the approval of the Chair
Conditions and Applicability
The proposed issue is subject to applicable provisions of:
- Companies Act, 2013
- SEBI Listing Regulations
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
- Other applicable laws, rules, regulations and statutory approvals
Additional Information
Disclosure is available on company website: www.swastika.co.in
#Tags: #SwastikaInvestmart #PreferentialIssue #SEBIRegulation30 #Fundraising #CorporateAction