VIVVIP Infratech544219Preferential allotment

Board approves ~72.04 lakh warrants at ₹137 each, up to Rs. 30 crore investment in subsidiary

Preferential issue of up to ~72.04 lakh warrants at ₹137 each, convertible 1:1 into equity shares — total ~₹98.7 crore — to promoters and non-promoter investors (12 allottees).

By ScoutQuest · Thu 22 Oct 2026, 4:51 PM IST · 3 min read

Preferential Warrants

~72.04 lakh warrants at ₹137 each, convertible 1:1, aggregating ~₹98.7 crore, tenor 18 months

Subsidiary Investment

Up to Rs. 30 crores in VVIP Realtech Pvt Ltd (90.02% held) via further issue of capital

EGM / E-voting

EGM on November 18, 2026; e-voting cut-off November 11, 2026

Three decisions from the board meeting

The board of VVIP Infratech met on Thursday, October 22, 2026 and approved a preferential issue of warrants, a further investment in its subsidiary, and an extraordinary general meeting (EGM) to seek shareholder approval.

Preferential issue of warrants

• Up to ~72.04 lakh warrants, each convertible into one equity share of face value ₹10 each.
• Issue price ₹137 per warrant, payable in cash, aggregating up to ~₹98.7 crore.
• Warrants are proposed to be allotted to 12 investors in the promoter and non-promoter category.
• Vibhor Tyagi, Vaibhav Tyagi and Suman Tyagi are each to be allotted 20,68,200 warrants; Bhagwan Singh Choudhary HUF 2,16,600; Securocrop Securities India Private Limited 1,99,800; Sangeeta Pareekh 1,50,000; Amit Rastogi, Saket Aggarwal and Rohit Gupta HUF 99,600 each; Aryan Malik and Piyush Gupta 49,800 each; Rakesh Kumar Bansal 34,800.
• The tenor of the warrants is 18 months from the date of allotment, and they shall be convertible in one or more tranches.
• The issue is subject to approval of shareholders at the ensuing EGM and approval of regulatory or statutory authorities, as applicable.

How shareholding shifts

The update sets out pre- and post-issue shareholding, calculated on the assumption that all ~72.04 lakh warrants are converted in a 1:1 ratio.

• Vibhor Tyagi: 13.02% to 16.53%
• Vaibhav Tyagi: 13.02% to 16.53%
• Suman Tyagi: 0.15% to 6.55%
• Securocrop Securities India Private Limited: 0.52% to 1.02%
• Sangeeta Pareekh: 0.52% to 0.87%
• Bhagwan Singh Choudhary HUF: nil to 0.67%

Investment in subsidiary

• The board approved further investment in VVIP Realtech Private Limited (formerly Vibhor Vaibhav Infrahome Private Limited), a subsidiary, up to an aggregate value of Rs. 30 crores, by subscribing to a further issue of capital in one or more tranches, for cash consideration.
• The company holds 90.02% of the paid-up share capital of the subsidiary, which is a subsidiary and a related party.
• Paid up capital of the subsidiary: ₹6,76,50,000 divided into 67,65,000 equity shares of ₹10 each; authorised capital ₹10,00,00,000.
• Objects: to enable the subsidiary to meet working capital requirements in projects under development towards construction and allied costs, repayment of existing loans and other general corporate purposes.
• The investment is expected to be completed within 6 months from the date of receipt of funds.
• Subsidiary's turnover: ₹154.06 Crores (2026, consolidated), ₹163.83 Crores (2025, consolidated), ₹68.65 Crores (2024, standalone).

EGM and e-voting

• EGM on Wednesday, November 18, 2026 at 03:00 PM through video conferencing or other audio-visual means.
• Cut-off date for remote e-voting: Wednesday, November 11, 2026.
• M/s. Sagar Saxena & Company, Practising Company Secretary, appointed as scrutinizer for the e-voting process.

What retail investors can take away

• The company is set to receive up to ~₹98.7 crore from the warrant issue, with a large part coming from promoter names and the rest from other investors, and the shares will be issued on conversion.
• Separately, up to Rs. 30 crores is being put into the 90.02%-owned real estate subsidiary, mainly for construction and working capital needs and to repay existing loans of that entity.
• Both the warrant allotment and conversion, and the subsidiary investment, are decisions of the board and are subject to the shareholder vote at the EGM and applicable approvals.

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