Meeting Details

The Extra Ordinary General Meeting of UNIVASTU INDIA LIMITED was held on Saturday, 18th July, 2026 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 11:00 A.M (IST) and concluded at 11:30 A.M (IST).

Summary of Proposed Resolution and Implications

The shareholders approved the issuance of 18,39,339 (Eighteen Lakh Thirty Nine Thousand Three Hundred and Thirty Nine) fully convertible warrants to persons belonging to "Promoters and promoters group Category" and "Non-promoter-Public Category" at an issue price of INR 87/- per warrant (face value INR 10/- plus premium of INR 77/-). The aggregate amount raised will be up to INR 16,00,22,493/- (Indian Rupees Sixteen Crore Twenty Two Thousand Four Hundred and Ninety Three Only).

Voting Process

The resolution was put to vote and passed by the members. The specific voting methods (e-voting, postal ballot, physical polling) and detailed results are not provided in the document.

Key Details of the Preferential Issue

Type of Securities: Fully convertible warrants, each convertible into one equity share of face value ₹10/-.

Type of Issuance: Preferential issue in accordance with the Companies Act, 2013 and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Investor Details:

  • Promoters and Promoters Group:

1. Dr. Pradeep Khandagale - Maximum Amount: INR 7,82,71,203

2. Mrs. Rajashri Khandagale - Maximum Amount: INR 7,82,71,290

Total A: INR 15,65,42,493

  • Non-Promoter-Public Category:

1. Mr. Narendra Bhagatkar - Maximum Amount: INR 8,70,000

2. Major Genral (Dr.)Vijay Pawar AVSM VSM - Maximum Amount: INR 17,40,000

3. Mr. Dhananjay Barve - Maximum Amount: INR 8,70,000

Total B: INR 34,80,000

Total A+B: INR 16,00,22,493

Payment Terms: 25% of the warrant price (INR 21.75 per warrant) is payable at the time of allotment. The balance 75% (INR 65.25 per warrant) is payable upon conversion into equity shares.

Conversion Terms: Each warrant is convertible into one equity share within a tenor of 18 months from the date of allotment. Conversion can be done in one or more tranches.

Shareholding Impact

Pre-issue shareholding (as of the meeting date):

  • Promoter and Promoter Group: 2,42,75,436 shares (67.46%)
  • Non-Promoter Category: 83,142 shares (0.23%)
  • Total: 2,43,58,578 shares

Post-issue shareholding (projected upon full conversion):

The calculation assumes a total post-issue paid-up capital of 3,98,75,109 shares, which includes:

  • Existing paid-up shares as of 18th June 2026: 3,59,86,770
  • Warrants under this issue: 18,39,339
  • Bonus shares from conversion of 6,83,000 outstanding warrants (20,49,000 shares in a 2:1 ratio)
  • Promoter and Promoter Group: 2,60,74,775 shares (65.39%)
  • Non-Promoter Category: 1,23,142 shares (0.32%)
  • Total: 2,61,97,917 shares (65.71%)

Compliance Statement

The issuance is being made in adherence to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.