Summary of Key Information:

Reporting Period (Quarter/Year): Not Specified

Nature of Filing / Announcement: Outcome of Board Meeting regarding preferential issue of equity shares

Audit Opinion:

Not Specified

Key Financial Highlights:

The document does not contain financial results (Revenue, EBITDA, Net Profit, etc.) for any reporting period.

Corporate Actions:

  • The Board approved a preferential issue of up to 22,27,544 equity shares with a face value of ₹10 each at a price of ₹1,670 per share (including a premium of ₹1,660 per share), aggregating to ₹371,99,98,480 (₹372 crores).
  • The issue is subject to shareholder approval at an Extraordinary General Meeting (EGM) scheduled for 8th October 2026 at 03:00 PM IST through Video Conferencing/Other Audio-Visual Means.
  • The cut-off date for determining shareholder eligibility to vote is 1st October 2026.

Other Significant Information:

Investor Details (Annexure A):

The preferential issue will be allocated to 18 investors, all categorized as Non-Promoter/Public:

1. ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND: 1,48,083 shares (₹24.73 crores)

2. ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND: 2,37,305 shares (₹39.63 crores)

3. ASHOKA INDIA EQUITY INVESTMENT TRUST PLC: 95,508 shares (₹15.95 crores)

4. ASHOKA WHITEOAK EMERGING MARKETS TRUST PLC: 15,389 shares (₹2.57 crores)

5. INDIA ACORN FUND LTD: 42,634 shares (₹7.12 crores)

6. KITARA PIIN 2401: 2,99,401 shares (₹50.00 crores)

7. WHITEOAK CAPITAL EQUITY FUND: 17,964 shares (₹3.00 crores)

8. WHITEOAK CAPITAL EQUITY TRUST - WHITEOAK CAPITAL EQUITY FUND II: 1,19,760 shares (₹20.00 crores)

9. WHITEOAK CAPITAL INDIA OPPORTUNITIES FUND: 2,51,497 shares (₹42.00 crores)

10. AARYA RAKESH DOSHI: 11,976 shares (₹2.00 crores)

11. WHITEOAK CAPITAL ELSS TAX SAVER FUND: 29,940 shares (₹5.00 crores)

12. BENGAL FINANCE AND INVESTMENT PVT LTD: 1,79,640 shares (₹30.00 crores)

13. ASHISH KACHOLIA: 1,79,640 shares (₹30.00 crores)

14. CARNELIAN BHARAT AMRITKAAL FUND: 2,12,581 shares (₹35.50 crores)

15. CARNELIAN BHARAT AMRITKAAL FUND - 2: 86,826 shares (₹14.50 crores)

16. TATA BUSINESS CYCLE FUND: 89,820 shares (₹15.00 crores)

17. TATA MULTICAP FUND: 89,820 shares (₹15.00 crores)

18. KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.: 1,19,760 shares (₹20.00 crores)

Shareholding Pattern Change (Annexure B):

  • Pre-issue promoter holding: 1,00,29,624 shares (48.41%)
  • Pre-issue public holding: 1,06,86,486 shares (51.59%)
  • Post-issue promoter holding: 1,00,29,624 shares (43.71%)
  • Post-issue public holding: 1,29,14,030 shares (56.29%)
  • Total shares pre-issue: 2,07,16,110
  • Total shares post-issue: 2,29,43,654