Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Outcome of Board Meeting - Preferential Allotment of Equity Shares

Key Financial Highlights:

The Board of Directors approved the allotment of 16,45,000 (Sixteen Lakhs Forty-Five Thousand) fully paid-up equity shares of face value ₹10 each at a price of ₹60 per share (including a share premium of ₹50 per share).

Total consideration received: ₹9,87,00,000 (Rupees Nine Crore Eighty-Seven Lakhs only)

Corporate Actions:

Preferential Allotment Details:

  • Total shares allotted: 16,45,000 equity shares
  • Face value: ₹10 per share
  • Issue price: ₹60 per share (₹10 face value + ₹50 premium)
  • Distinctive numbers: 3,29,46,154 to 3,45,91,153 (both inclusive)

Post-allotment Capital Structure Change:

  • Pre-allotment paid-up capital: ₹32,94,61,530 (3,29,46,153 equity shares)
  • Post-allotment paid-up capital: ₹34,59,11,530 (3,45,91,153 equity shares)

Allottees Details (Promoter Category):

1. Mr. Ravi Vaswani (Promoter) - 3,94,460 shares - ₹2,36,67,600

2. Mr. Yashwant Ravi Vaswani (Promoter) - 3,94,450 shares - ₹2,36,67,000

3. Mr. Kushal Vaswani (Promoter) - 3,94,450 shares - ₹2,36,67,000

4. Smt. Manisha Vaswani (Promoter) - 1,53,845 shares - ₹92,30,700

5. Smt. Sudha Vaswani (Promoter) - 1,53,845 shares - ₹92,30,700

6. Smt. Tanya Vaswani (Promoter Group) - 76,975 shares - ₹46,18,500

7. Smt. Jyotsna Vaswani (Promoter Group) - 76,975 shares - ₹46,18,500

Lock-in Requirements:

  • The equity shares issued on preferential basis shall be locked in for 18 months from the date of trading approval
  • The entire pre-preferential allotment shareholding of the allottees shall be locked-in for 90 trading days from date of trading approval

Shareholding Pattern Changes:

  • Mr. Ravi Vaswani: From 26.94% (88,77,160 shares) to 26.80% (92,71,620 shares)
  • Mr. Yashwant Ravi Vaswani: From 10.05% (33,10,840 shares) to 10.07% (37,05,290 shares)
  • Mr. Kushal Vaswani: From 5.35% (17,61,153 shares) to 6.23% (21,55,603 shares)
  • Smt. Manisha Vaswani: From 7.05% (23,22,175 shares) to 7.16% (24,76,020 shares)
  • Smt. Sudha Vaswani: From 12.49% (41,13,825 shares) to 12.34% (42,67,670 shares)
  • Smt. Tanya Vaswani: From 0% to 0.22% (76,975 shares)
  • Smt. Jyotsna Vaswani: From 0% to 0.22% (76,975 shares)

Other Significant Information:

  • The new equity shares will rank pari passu with existing equity shares
  • Nature of consideration: Cash
  • Total number of allottees: 7