OTOnEMI Technology Solutions544754Preferential allotment

Preferential allotment: ~2.65 crore equity shares allotted at INR 314.11/- per share

OnEMI Technology Solutions has allotted ~2.65 crore equity shares of face value INR 1/- each on a preferential basis on a private placement basis.

By ScoutQuest · Fri 23 Oct 2026, 8:11 PM IST · 2 min read

Shares Allotted

~2.65 crore equity shares of face value INR 1/- each

Issue Price

INR 314.11/- per share (premium of INR 313.11/- per share)

Total Amount / Paid-up Capital

~INR 832.2 crore for cash; paid-up capital ~INR 17.81 crore to ~INR 20.46 crore

What the company informed

• The Board of Directors, by a circular resolution passed on October 23, 2026, approved the allotment of ~2.65 crore equity shares of face value INR 1/- each, fully paid.
• The allotment is on a preferential basis, on a private placement basis, to 34 investors.
• Issue price is INR 314.11/- per share, which includes a premium of INR 313.11/- per share.
• The total amount works out to ~INR 832.2 crore, received for cash.
• The shares allotted will rank pari passu with the existing equity shares of the company in all aspects.

Effect on share capital

• Before this allotment, the issued, subscribed and paid-up share capital was ~INR 17.81 crore.
• After the allotment it is ~INR 20.46 crore, with effect from October 23, 2026.
• In simple terms, the company has created new shares and received money for them, so both the number of shares in existence and the share capital have gone up.

Who received the shares

• The allotment went to 34 investors, whose names and holdings are listed in the annexure to the update.
• The list includes domestic mutual funds, alternative investment funds, insurance-linked and institutional investors, and some individual and corporate names.
• Pre-issue and post-issue holdings of each investor are shown on a fully diluted basis, calculated as on October 16, 2026.

What this means for a retail investor

• When a company issues fresh shares to select investors, the total number of shares goes up. An existing shareholder who does not participate therefore holds a smaller percentage of the company than before. This is called dilution.
• The money paid by these investors comes into the company as share capital and securities premium, adding to its funds.
• The issue price of INR 314.11/- per share is the price these investors paid in this preferential allotment. It is the price of this transaction, not a view on the market price of the share.
• The update records the allotment that has already been made; the shares allotted carry the same rights as existing equity shares.

Points to keep in mind

• This follows the company's earlier intimations on the same preferential issue, and the allotment is now completed and reported to the exchanges.
• The figures above are as stated in the update. Read the investor list in the annexure if you want to see how much each investor was allotted and what percentage they hold after the issue.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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