Summary of Key Information:

Nature of Filing / Announcement: Revision of warrant issue price for preferential allotment

Date of Board Meeting / Approval: September 1, 2026

Corporate Actions:

Preferential Issue Details:

  • The Board approved the issuance of 2,25,00,000 (Two Crore Twenty-Five Lakh) warrants
  • Each warrant carries a right to subscribe to one (1) equity share of the Company
  • The approval is subject to member approval at the Annual General Meeting (AGM)

Revised Pricing:

  • Revised valuation report received and approved by the Board on September 1, 2026
  • Valuation report price: ₹24.01 per warrant
  • Board approved issue price: ₹24.16 per warrant
  • Pricing in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Key Dates:

  • Revised Relevant Date: August 27, 2026 (as per Regulation 161 of SEBI ICDR Regulations)
  • Revised AGM Date: September 26, 2026 (from previously announced date)

Terms and Conditions:

  • All terms except the price remain unchanged from the original approval dated August 20, 2026
  • Number of warrants: 2,25,00,000 unchanged
  • Identity and category of proposed allottees: unchanged
  • Entitlement to equity shares upon exercise: unchanged (1 warrant = 1 equity share)
  • Tenure of the warrants: unchanged
  • Payment terms: unchanged