Thrive Future Habitats523120Preferential allotment

Allotment of ~93.12 lakh equity shares on warrant conversion; paid-up capital rises to ~Rs. 20.63 crore

~93.12 lakh equity shares of Rs. 10/- each allotted on conversion of fully convertible warrants issued at Rs. 31.41 each, for ~Rs.

By ScoutQuest · Thu 29 Oct 2026, 6:23 PM IST · 2 min read

2,06,31,945+82.3%

Before1,13,19,581After2,06,31,945

Equity shares outstanding allotment: 1,13,19,581 (Before) and 2,06,31,945 (After).

Equity Shares Allotted: ~93.12 lakh equity shares of Rs. 10/- each allotted on conversion of fully convertible warrants
Issue Price / Consideration: warrants issued at Rs. 31.41 each, for ~Rs. 29.25 crore
Paid-up Capital Change: ~Rs. 11.32 crore to ~Rs. 20.63 crore

The Board, by a resolution passed by circulation on October 29, 2026, approved the allotment of ~93.12 lakh equity shares of face value Rs. 10/- each.
These shares were allotted on conversion of ~93.12 lakh fully convertible warrants, which had been issued at Rs. 31.41 per warrant.
The aggregate consideration for the allotment is ~Rs. 29.25 crore (Rupees Twenty-Nine Crore Twenty-Five Lakh One Thousand Three Hundred Fifty-Three and Paise Twenty-Four Only).
The allotment was made to identified persons in the Promoter and Public categories, on receipt of the balance amount, as a preferential allotment under Chapter V of the SEBI ICDR Regulations, 2018.
The new equity shares rank pari-passu with the existing equity shares.

Before the allotment: paid-up equity share capital of ~Rs. 11.32 crore, comprising ~1.13 crore equity shares of Rs. 10/- each.
After the allotment: paid-up equity share capital of ~Rs. 20.63 crore, comprising ~2.06 crore equity shares of Rs. 10/- each.

There were 5 allottees in total.
Arvinder Singh Pasricha was allotted 27,95,502 shares; his holding goes from 29,36,716 shares (25.94%) to 57,32,218 shares (27.78%).
Aman Pasricha Balsara was allotted 27,95,502 shares; holding goes from 19,50,651 shares (17.23%) to 47,46,153 shares (23.00%).
Goonmeet Singh Chauhan was allotted 23,46,901 shares; holding goes from nil to 23,46,901 shares (11.38%).
Vinay Kumar Singh was allotted 11,73,451 shares; holding goes from nil to 11,73,451 shares (5.69%).
VNAM Advisors LLP was allotted 2,01,008 shares; holding goes from nil to 2,01,008 shares (0.97%).
Arvinder Singh Pasricha and Aman Pasricha Balsara were shown in the Public category at the time the warrants were allotted on May 16, 2025, and are shown in the Promoter category at the time of conversion.

The company has converted the warrants into shares and states that the entire consideration amount for the ~93.12 lakh warrants has been received, with no outstanding warrants remaining.
Because the number of equity shares in issue has gone up, each existing share now represents a smaller slice of the company than before, even as fresh money has come in against the new shares.
The shift of two allottees from the Public category to the Promoter category changes how the shareholding is classified.
The update sets out the pre-issue and post-issue shareholding of each allottee, which lets you see how the ownership mix has changed.

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