Key Quantitative Figures

  • Number of equity shares allotted: 91,575
  • Face value per share: ₹10
  • Premium per share: ₹320
  • Total issue price per share: ₹330
  • Total capital raised: ₹9,15,750 (face value) + ₹2,93,04,000 (premium) = ₹3,02,19,750

Parties Involved

  • Allottee: Mr. Viren Raichand Shah (Non-Promoter category)
  • Approving authority: Securities Allotment Committee of the Board
  • Regulatory approvals: BSE Limited and National Stock Exchange of India Limited (in-principle approvals granted prior)

Capital Structure Impact

Pre-allotment Capital Structure:

  • Existing equity shares: 1,46,70,380 shares
  • Total paid-up capital: ₹14,67,03,800

Post-allotment Capital Structure:

  • Total equity shares: 1,47,61,955 shares
  • Total paid-up capital: ₹14,76,19,550
  • Dilution: Approximately 0.62% increase in share capital

Additional Terms

  • New equity shares rank pari passu with existing equity shares
  • Shares subject to lock-in as per SEBI ICDR Regulations
  • Company is in process of applying for listing of these shares