Key Transactions and Quantitative Figures
Three separate acquisitions occurred on 25-08-2026 through conversion of convertible warrants at ₹50 per share (face value ₹10, premium ₹40):
1. Krishan Kumar Goyal (Promoter)
- Acquired: 8,00,000 equity shares
- Transaction Value: ₹4,00,00,000 (Four Crores)
- Pre-acquisition holding: 39,97,543 shares (14.07%)
- Post-acquisition holding: 47,97,543 shares (15.98%)
- PAN: AATPG9785F
2. Alka Goyal (Promoter)
- Acquired: 4,00,000 equity shares
- Transaction Value: ₹2,00,00,000 (Two Crores)
- Pre-acquisition holding: 36,28,972 shares (12.77%)
- Post-acquisition holding: 40,28,972 shares (13.42%)
- PAN: ADIPG7617E
3. Mala Builders Private Limited (Promoter Group Member)
- Acquired: 4,00,000 equity shares
- Transaction Value: ₹2,00,00,000 (Two Crores)
- Pre-acquisition holding: 8,00,000 shares (2.81%)
- Post-acquisition holding: 12,00,000 shares (4.00%)
- PAN: AABCM0099B
Total Acquisition Summary
- Total Shares Acquired: 16,00,000 equity shares
- Total Transaction Value: ₹8,00,00,000 (Eight Crores)
- Mode of Acquisition: Conversion of convertible warrants issued on preferential basis
- Date of Allotment: 25-08-2026
Financial Impact
Transaction values exclude taxes, brokerage, and other charges. The acquisitions represent a conversion of previously issued convertible warrants rather than new cash investments.
Capital Structure Impact
The conversions resulted in increased promoter and promoter group holdings totaling 16,00,000 additional shares, representing dilution to non-participating shareholders.
Signatories and Submission
Disclosure submitted by Company Secretary Shruti Joshi on 26-08-2026 to BSE Limited. Individual disclosures signed by Krishan Kumar Goyal, Alka Goyal, and Satinder Kumar Bhalla (Director of Mala Builders Private Limited).