Swastika Investmart Ltd

Capital Action: Preferential Allotment of Warrants

• Preferential allotment approved for 90,50,000 convertible share warrants to promoter and non-promoter groups.
• Warrants convertible into equity shares within 18 months at Rs 63.64 per warrant.
• Total issue size up to Rs 57.59 crore; upfront payment 25% received totaling Rs 14.39 crore.
• Balance 75% payable at exercise, within 18 months, by warrant holders.
• In-principle approval for the issue received from BSE on Sept 18, 2026.
• EGM held Aug 14, 2026 approved the preferential issue.
• ISIN creation authorized; Sunil Nyati and CS Shikha Agrawal to sign filings.
• Annexure I lists allottees, categories, warrants allotted, and upfront payments.
• Warrants and resulting equity shares subject to lock-in under ICDR Regulations.

Preferential warrant issue

• Approved 90.50 lakh convertible warrants, promoter/public, at Rs 63.64 floor; BSE in-principle approval (18 Sep 2026).

In-principle warrant issue

• BSE in-principle approval for 90,50,000 warrants on preferential basis.
• Warrants convertible 1:1; price not less than Rs 63.64 per warrant including Rs 61.64 premium.
• Allocation to promoter/promoter group and non-promoter/public categories.
• Subject to applicable laws; listing post allotment.
• Internal controls to monitor trades; undertakings to prevent intraday trading till allotment.
• Listing application to be filed promptly; exchange may withdraw approval if information incomplete.

Issuance overview

• 90,50,000 warrants convertible into equity proposed on a preferential basis.
• Warrant issue price Rs 63.64; total size Rs 57.59 crore.
• Warrants exercisable within 18 months of allotment; 25% upfront, 75% on exercise.

Post-issuance allocation

• Annexure I lists 18 proposed allottees with post-issue holdings.
• Categories include promoters and non-promoter groups; specification by investor in Annexure I.
• Top allottees include promoter group members; specific names in Annexure I.

Conversion terms

• Conversion terms: eighteen-month tenure; 25% upfront; 75% on exercise; lapse on non-exercise.

Governance and capital impact

• No cancellation; EGM held August 14, 2026; disclosures filed; impact upon exercise not yet determined.

Resolutions and voting outcome

• Resolution: Special to issue 9,050,000 warrants convertible into equity shares on a preferential basis.
• Allotment to promoter group and non-promoter/public category.
• Voting result: approved; combined votes in favour 13,662,339; against 31.
• Promoter group participated in voting.
• Impact on shareholding: potential dilution upon warrant conversion.
• EGM date: 14 August 2026.

Resolution details

• Special resolution to issue 9,050,000 warrants on a preferential basis.
• Warrants convertible into an equivalent number of equity shares.
• Allottees include promoter and promoter group, and non-promoter/public.
• Voting outcome to be announced and displayed on the company website.

Meeting Details

• Meeting scheduled for Monday, 20 July 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Proposal to raise funds via issue of equity, convertible securities, warrants, or debt through various methods.
• Subject to regulatory approvals including shareholders' approvals as required.

Other Notes

• Trading window opens 48 hours after unaudited results declaration for 30th June 2026, for both standalone and consolidated.