Univastu India Allots ₹16 Cr Convertible Warrants

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Allotment of Securities

Not Specified

The Board of Directors approved the allotment of 18,39,339 Fully Convertible Warrants on a preferential basis to specified investors.

Issue Details:

Type of Security: Fully Convertible Warrants (convertible into equity shares)
Total Number of Warrants: 18,39,339
Issue Price: ₹87 per warrant
Total Issue Size: ₹16,00,22,493 (approximately sixteen crore twenty-two thousand four hundred ninety-three rupees)
Payment Structure: 25% warrant subscription price paid upfront, balance 75% payable at conversion
Amount Received: ₹4,00,05,623.25 (four crore five thousand six hundred twenty-three rupees and twenty-five paise) as 25% upfront payment

Conversion Terms:

Each warrant convertible into one fully paid-up equity share of face value ₹10
Conversion tenure: 18 months from date of allotment
Conversion can occur in one or more tranches within the 18-month period
Balance consideration per warrant: ₹65.25 (75% of issue price) payable at conversion

Allottees Details:

1. Dr. Pradeep Khandagale (Promoter & Promoter Group) - 8,99,669 warrants - ₹1,95,67,800.75 paid

2. Mrs. Rajashri Khandagale (Promoter & Promoter Group) - 8,99,670 warrants - ₹1,95,67,822.50 paid

3. Mr. Narendra Bhagatkar (Non Promoter) - 10,000 warrants - ₹2,17,500.00 paid

4. Major General (Retd)(Dr.)Vijay Pawar AVSM VSM (Non Promoter) - 20,000 warrants - ₹4,35,000.00 paid

5. Mr. Dhananjay Barve (Non Promoter) - 10,000 warrants - ₹2,17,500.00 paid

Approval Process:

Board approval initially granted on June 19, 2026
Shareholder approval obtained through Extra Ordinary General Meeting on July 18, 2026
NSE Limited granted in-principle approval vide letters dated August 14, 2026

The company's CIN is L45200PN2009PLC133864 and is ISO 9001:2015, 14001:2015, OHSAS 18001:2007 certified.