Date: August 24, 2026
Board Meeting Outcomes
The certificate confirms compliance with decisions made in previous board and shareholder meetings:
- Board of Directors approved preferential issue of fully convertible warrants in meeting held on July 1, 2026
- Shareholders approved the preferential issue in extraordinary general meeting held on July 31, 2026
- Board of Directors approved allotment of warrants in meeting held on August 21, 2026
Fundraising / Financing Details
Preferential Warrant Issue to Promoter Group Entity:
- Allottee: Sunbright Mauritius Investments Limited (Promoter Group Entity)
- Number of fully convertible warrants allotted: 20,94,47,805
- Warrant issue price: ₹126 per warrant (comprising Subscription price of ₹31.50 and Exercise price of ₹94.50)
- Upfront consideration received: ₹659,76,05,857.50 (25% of warrant issue price, being ₹31.50 per warrant)
- Receipt date: On or before August 21, 2026
- Allottee PAN: ABKCS2544P
Banking Details:
- Recipient's bank: ICICI Bank Limited
- Allottee's bank: SBM Bank (Mauritius) Ltd
Compliance Disclosure
The certificate is issued specifically to comply with Regulation 169(5) of SEBI ICDR Regulations, requiring submission to National Stock Exchange of India Limited.
Management Contacts
- Ashish Agarwal, Company Secretary (FCS6669) signed the submission letter
- Company Registered Office: 18th Floor, A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai - 400 013
- Company CIN: L92132MH1982PLC028767