EoGM on Oct 29, 2026: preferential issue of 8,66,434 shares and 30,35,711 warrants to be considered

D.P. Abhushan Ltd has submitted the notice of its 01/2026-27 Extra-ordinary General Meeting, to be held on Thursday, October 29, 2026 at 3:00 P.M. IST through Video Conferencing / Other Audio-Visual Means.

Wed 7 Oct 2026

Preferential Equity Shares

up to 8,66,434 equity shares at ₹1,430.00 each, up to ₹1,23,90,00,620

Preferential Warrants

up to 30,35,711 fully convertible warrants at ₹1,430.00 each, up to ₹4,34,10,66,730

Warrant Payment Terms

₹357.50 payable on subscription, ₹1,072.50 on exercise; tenure 18 months

The event

D. P. Abhushan Limited has submitted the notice of its 01/2026-27 Extra-ordinary General Meeting (EoGM) to the stock exchanges. The meeting is to be held on Thursday, October 29, 2026 at 3:00 P.M. IST through Video Conferencing / Other Audio-Visual Means. The notice places two special resolutions before shareholders - a preferential issue of equity shares and a preferential issue of fully convertible equity warrants.

Participation

• Members whose names are recorded in the register of members, or in the register of beneficial owners maintained by the depositories, as on the cut-off date, Thursday, October 22, 2026, are entitled to attend and vote.
• The facility of remote e-voting is also available during the EoGM.
• The register of members and share transfer books will not be closed.

Item 1: preferential issue of equity shares

• Up to 8,66,434 fully paid-up equity shares at an issue price of ₹1,430.00 per equity share, for an aggregate amount up to ₹1,23,90,00,620.
• The proposed allottees are mostly non-promoter individuals, HUFs, AIF schemes and companies; a promoter group entity also appears in the list.
• The shares will be issued in dematerialised form and will rank pari-passu with the existing equity shares, including dividend and voting rights, from the date of allotment.
• The shares, and the pre-preferential shareholding of the allottees, will be subject to lock-in for the period specified in the SEBI ICDR Regulations.

Item 2: preferential issue of fully convertible equity warrants

• Up to 30,35,711 fully convertible equity warrants, each convertible into one fully paid-up equity share, at an issue price of ₹1,430.00 per warrant, for an aggregate amount up to ₹4,34,10,66,730.
• ₹357.50 per warrant is payable by the allottees at the time of subscription, and ₹1,072.50 per warrant at the time of allotment of equity shares on exercise.
• Warrants do not carry any voting rights until they are exercised into equity shares.
• The tenure of the warrants is 18 months from the date of allotment; warrants not exercised within this period lapse and the amount paid stands forfeited.
• The equity shares allotted on exercise will rank pari-passu with existing shares and will be subject to lock-in as specified in the SEBI ICDR Regulations.

Terms common to both issues

• The issue prices are not less than the floor price determined in accordance with Chapter V of the SEBI ICDR Regulations, for which the relevant date is Tuesday, September 29, 2026.
• The consideration is to be paid from the bank accounts of the proposed allottees, and money received is to be kept in a separate bank account.
• The proceeds are to be used towards the objects set out in the explanatory statement to the notice.
• The Board or a committee is authorised to complete the issue, seek approvals and get the new shares listed on the stock exchanges.

What this means

A preferential issue brings new shares into the company's capital. A shareholder's existing stake therefore changes as and when the new shares are allotted and the warrants are exercised.

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