UCUnifinz Capital India541358Preferential allotment

Board approves preferential issue of up to 98,01,000 warrants at ₹102/- each

Board approved issue of up to 98,01,000 warrants convertible into equal number of equity shares on preferential basis to Non-Promoter investors at ₹102/- per warrant.

By ScoutQuest · Thu 15 Oct 2026, 4:39 PM IST · 3 min read

Warrants Approved

98,01,000 warrants convertible into equal number of equity shares

Issue Price

₹102/- per warrant

Total Issue Size

up to ₹99.97 crore

Board outcome: the board met on October 15, 2026 from 03:45 P.M. to 04:15 P.M. and approved a preferential issue of warrants to investors in the Non-Promoter category, along with holding an extraordinary general meeting to seek shareholder approval.

What the board approved

• Issue of up to 98,01,000 warrants, each convertible into one fully paid-up equity share of face value ₹10/-.
• Issue price ₹102/- per warrant, payable in cash.
• Total issue size aggregating up to ₹99.97 crore (Rupees Ninety Nine Crores Ninety Seven Lakhs Two Thousand only).
• The warrants are proposed to be allotted to the Non-Promoter category of the Company.
• Tenor of the warrants is 18 months from the date of allotment, convertible into equity shares in one or more tranches, in the ratio of 1 warrant to 1 equity share.
• The issue is subject to approval of shareholders at the ensuing EGM and approval of regulatory or statutory authorities, as may be applicable.

Who is proposed to be allotted the warrants (7 investors)

• Kotia Enterprises Limited: 37,85,000 warrants
• Paaven Bansal: 29,40,000 warrants
• Vikas Goyal: 11,33,000 warrants
• Atika Goyal: 11,33,000 warrants
• Sonali Chatterjee: 7,35,000 warrants
• Uma Shanker Goel HUF: 50,000 warrants
• Sonal Ujlayan: 25,000 warrants

Shareholding before and after the proposed preferential issue, as disclosed

• Kotia Enterprises Limited: 25,00,000 shares (5.65%) to 62,85,000 shares (10.81%)
• Paaven Bansal: 89,15,350 shares (20.14%) to 1,18,55,350 shares (20.38%)
• Vikas Goyal: 36,47,316 shares (8.24%) to 47,80,316 shares (8.22%)
• Atika Goyal: 35,35,250 shares (7.99%) to 46,68,250 shares (8.03%)
• Sonali Chatterjee: 0.00 shares (0.00%) to 7,35,000 shares (1.26%)
• Uma Shanker Goel HUF: 0.00 shares (0.00%) to 50,000 shares (0.09%)
• Sonal Ujlayan: 11,901 shares (0.03%) to 36,901 shares (0.06%)
• These post-issue fully diluted figures are calculated on the assumption that 98,01,000 convertible warrants (convertible in the ratio of 1:1) and 40,95,000 outstanding ESOPs granted will be converted into equity shares.

EGM and voting

• The EGM will be held on Wednesday, November 11, 2026 at 03:00 PM through video conferencing and other audio-visual means.
• The cut-off date for remote e-voting is Wednesday, November 04, 2026.
• M/s. Akash & Co. (C.P. No.: 22165), Company Secretaries, has been appointed as scrutinizer for the e-voting process at the EGM.

The board also approved the draft notice of the EGM and related matters. The notice will be sent separately to the stock exchange(s) and to the members of the Company, and will be available on the Company's website and on the website of BSE Limited.

How to read this as an investor

• A preferential issue of warrants is a way of raising money. The money comes in as the warrants are paid for and the warrants later convert into equity shares.
• When the warrants convert, the total number of equity shares of the Company increases, so the stake of existing shareholders in percentage terms can come down unless they also participate.
• The disclosure shows the stake each named investor holds now and the stake they would hold after the warrants and the outstanding ESOPs are converted, which helps you see the change in the ownership pattern.
• The allotment is proposed and is subject to shareholder approval at the EGM and to the approvals of regulatory or statutory authorities as may be applicable.

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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