EGM notice: approval sought for 16,45,000 convertible warrants to Promoter & Promoter Group

CP Capital has called an Extra-Ordinary General Meeting on Monday, November 02, 2026 at 04:00 PM IST through video conferencing.

Sat 10 Oct 2026

Warrants on Offer

up to 16,45,000 fully convertible warrants

Issue Price per Warrant

Rs. 152 each

Aggregate Issue Size

up to Rs. 25,00,40,000/-

An EGM has been convened

CP Capital Limited has called an Extra-Ordinary General Meeting of its members on Monday, November 02, 2026 at 04:00 PM IST, to be held through Video Conferencing and Other Audio-Visual Means. Members holding shares on the cut-off date of Monday, October 26, 2026 can vote by electronic means. Remote e-voting is available from Thursday, 29th October, 2026 (9:00 A.M. IST) until Sunday, 01st November, 2026 (5:00 P.M. IST).

The notice places items of special business, each proposed as a Special Resolution.

Item 1 - power to issue warrants

• The company seeks members' approval to alter its Articles of Association by inserting a new clause, Article 8A, immediately following the existing Article 8.
• The new clause would allow the company to issue warrants and/or other convertible securities to any person, on terms and conditions decided by the Board or a duly authorised committee.
• The amendment is stated to be effective immediately upon approval by the members.

Item 2 - warrants to the Promoter & Promoter Group

• Consent is sought to create, offer, issue and allot up to 16,45,000 fully convertible warrants on a preferential and/or private placement basis.
• Each warrant is convertible into a fully paid-up equity share of the company of face value Rs. 10 each.
• The issue price is Rs. 152 per warrant, including a premium of Rs. 142 per equity share, for cash.
• The amount aggregates up to Rs. 25,00,40,000/-.
• Subscribers are from the Promoter and Promoter Group, including promoter individuals and a promoter group company, as listed in the notice.

Payment and other terms

• Rs. 38 per warrant is payable by the subscriber at the time of subscription, and the balance Rs. 114 per warrant is payable at the time of allotment of equity shares on exercise of the warrants.
• The warrants do not carry voting rights until they are exercised into equity shares.
• The tenor of the warrants is 18 months from the date of allotment; warrants not exercised within that period lapse and the amount paid on them stands forfeited.
• Equity shares allotted on exercise will be fully paid-up, rank pari passu with the existing equity shares including voting rights and dividend rights, and will be subject to lock-in.
• The application money received will be kept in a separate bank account.

Price reference and approvals

• The relevant date for determining the floor price for the preferential issue is 01st October, 2026.
• The issue is subject to applicable laws and to receipt of necessary regulatory permissions and approvals, including in-principle approval from the stock exchanges and listing and trading approvals for the equity shares allotted on exercise.

How to read it

• If the warrants are exercised, the company receives up to Rs. 25,00,40,000/- in cash and new equity shares are allotted to the promoter group, which increases the total number of shares in issue.
• Only Rs. 38 per warrant is paid upfront; the larger part, Rs. 114 per warrant, is paid later if and when the warrants are exercised.
• Warrants that are not exercised within 18 months lapse, and the amount already paid on them is not returned.

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