Odyssey Corporation Ltd

Financial results approved

• Unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026 approved by the Board.
• Limited Review Reports attached; results reviewed by Audit Committee; opinion unqualified.

Capital actions and equity changes

• 7,850,000 warrants converted into equal equity shares of Rs 5 each.
• Equity capital increased from Rs 4082.42 lakhs to Rs 4474.92 lakhs.
• Securities premium increased from Rs 7918.07 lakhs to Rs 8624.57 lakhs.
• Warrant premium balance of Rs 264.25 lakhs lapsed/forfeited.
• Balance outstanding warrants: 7,550,000.

Preferential issue proceeds and usage

• Funds raised: Rs 8,24,25,000 via preferential allotment to Promoter/Promoter Group.
• Date of allotment: 2 May 2026; 75% of issue price received initially.
• No deviation in use of proceeds; monitoring not applicable.

Auditor remarks

• Independent auditor issued unqualified opinion on both standalone and consolidated results.

Other disclosures

• Statement of deviation/variation in use of proceeds filed; no deviation reported.

Dematerialisation status

• Securities received for dematerialisation up to 30 June 2026 were confirmed to depositories.
• Securities were listed on the stock exchange where the earlier issued securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository name substituted as registered owner within 15 days of receipt.

Transaction details

• Target Company: Odyssey Corporation Limited.
• Disclosing party: Promoter/Promoter Group; acquirers include Mehta family and related entities.
• Acquirers/PACs: Himanshu Ramniklal Mehta; Pooja Hemanshu Mehta; Bina Hemanshu Mehta; Hiten R Mehta.
• Acquirers/PACs: Alacrity Securities Limited; Pooja Equiresearch Private Limited; Sagar Hiten Mehta; Karishma Hemanshu Mehta.
• Transaction type: Acquisition of shares.
• Pre-transaction holding: 3,53,22,696 voting shares; 43.26% voting capital.
• Acquired 78,50,000 shares; 8.77% of voting capital; 8.77% of diluted capital.
• Post-transaction holding: 4,31,72,696 voting shares; 48.24% voting capital.
• Date of acquisition: 03.07.2026.
• Mode: Shares acquired by preferential issue.
• Pre-acquisition equity capital: 8,16,48,486 shares.
• Post-acquisition equity capital: 8,94,98,486 shares.
• Total diluted share capital after acquisition: 8,94,98,486 shares.

Target Entity

• Odyssey Infrabuild Private Limited is a construction contracts company in India
• Incorporated on June 10, 2011, as a private limited company

Acquisition Details

• Acquirer acquired remaining 20% equity stake, making it a wholly owned subsidiary
• Transaction is a related party acquisition involving promoter group interest
• Acquisition conducted at arm’s length with independent valuation
• Consideration paid was Rs. 1 crore in cash
• Control was acquired with the 20% stake purchase
• No governmental or regulatory approvals required
• Acquisition agreement executed on March 28, 2026

Strategic Rationale

• Acquisition is a strategic investment to consolidate financials
• Governance framework supports decisive leadership and efficient execution