BSECorp Action2h ago · 3 Oct 2026, 06:21 pm
Dear Sir, Please find herewith Allotment of Equity shares of the company
Seshachal Technologies Ltd · 531794
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Seshachal Technologies Ltd has converted 1,13,63,637 warrants into 1,13,63,637 equity shares at an issue price of Rs. 22/- each, increasing the issued and paid-up capital to Rs. 12,05,79,970.
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Seshachal Technologies Ltd - 531794 - Announcement under Regulation 30 (LODR)-Conversion of Securities
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SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
October 03, 2026
Department of Corporate Services/ Listing
BSE Limited
25th Floor, P.J. Towers,
Dalal Street Fort,
Mumbai – 400001
Scrip Code: 531794
Dear Sir/Ma’am,
Sub: Outcome of fund-raising committee meeting held on October 03,2026
“Conversion of 1,13,63,637 warrants into equal number of equity shares of the
Company”
Dear Sir/Madam,
In furtherance to our communication dated August 10, 2026 w.r.t. to allotment of warrants,
in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that the fund-raising committee of the Company in their
meeting held today i.e. October 03, 2026, inter-alia, considered and approved the allotment of
equity shares on conversion of 1,13,63,637 warrants into 1,13,63,637 equity shares of face value
of Rs. 10/- each at an issue price of Rs. 22/- each (including a premium of Rs. 12/- per share), to
“Non-Promoters/Public Category”, on preferential basis, upon receipt of balance amount
aggregating to Rs. 18,75,00,010.50/- at the rate of Rs. 16.50/- (Rupees Sixteen and Fifty Paise
Only) per warrant (being 75% of the issue price per warrant) from the following allottees
pursuant to the exercise of their rights of conversion into equity shares in accordance with the
provisions of SEBI (ICDR) Regulations, 2018. The list of allottees enclosed as Annexure-1.
Pursuant to members approval, these warrants were allotted, in terms of SEBI (ICDR)
Regulations, 2018 to Non-Promoters/Public Category, on preferential basis, at an Issue Price of
Rs. 22/- per warrant on payment of Rs. 5.50/- per warrant, being 25% of the Issue Price, entitling
the warrants holders to get their warrants converted into equal number of Equity Shares of the
Company by paying remaining 75% i.e., Rs. 16.50/- within 18 months from the date of warrant
allotment.
Consequent to today's conversation of warrants/allotment of Equity Shares, the issued and paid-
up capital of the Company stands increased to Rs. 12,05,79,970 divided into 1,20,57,997 Equity
Shares of Rs. 10/- (Rupee Ten Only) each.
The new equity shares so allotted, shall rank pari-passu with the existing equity shares of the
Company.
Disclosure under Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as
Annexure-2 to this letter.
The Meeting commenced at 05.00 PM. and was concluded at 05.30 PM
SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
You are requested to take the information on record and oblige.
Thanking you.
Yours Faithfully,
For Seshachal Technology Limited
Rajesh Gandhi
Director
DIN: 02120813
SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
Annexure-1
LIST OF ALLOTTEES OF CONVERSION OF WARRANTS INTO EQUITY SHARES ALLOTTED TO
THE “NON-PROMOTER, PUBLIC CATEGORY, ON PREFERENTIAL BASIS:
S. Name of the Allottees Equity shares
No. allotted
1 Amee Tushar Shah 5,05,000
2 Kapadia Finwealth LLP 5,05,000
3 Sanyuktaben Suryakant Mehta 5,05,000
4 Tushar Shashikant Shah 5,05,000
5 Tushar Shashikantbhai Shah HUF 5,05,000
6 Equifin Capital Private Limited 5,05,000
7 Arunaben Vinodchandra Dhandhara 5,05,000
8 Hemal Sanjaykumar Shah 5,05,000
9 Nishil Financial Advisors LLP 5,05,000
10 Sanjaykumar Sevantilal Shah 5,05,000
11 Sanjaykumar Sevantilal Shah HUF 5,05,000
12 Sahaj Trading 5,90,910
13 Jhaveri Virali Vicky 5,90,910
14 Narendra Harising Chaudhari 2,86,136
15 Dahiben Narendra Chaudhari 2,86,136
16 Yash Raj Khargandhi 4,54,545
17 Daxaben Dharmendrabhai Doshi 7,20,000
18 Dharmendra Champaklal Doshi 7,20,000
19 Forum Kirtan Doshi 7,20,000
20 Kirtankumar D Doshi 7,20,000
21 Bhushan Manharbhai Soni 7,20,000
Total 1,13,63,637
SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
Annexure-2
The details as required under Regulation 30 of SEBI Listing Regulations read with SEBI
Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026,
are as under:
S. Particulars Disclosures
1 Type of securities proposed to Equity Shares pursuant to conversion of warrants.
be Issued
2 Type of issuance Preferential Allotment
3 Total number of securities Allotment of 1,13,63,637 Equity Shares of face value of Rs. 10/-
proposed to be issued or total each at an issue price of Rs. 22/- each (including a premium of Rs.
amount for which the 12/- per share) upon conversion for equal number of Warrants at
securities will be issued an issue price of Rs. 22/- each upon receipt of balance amount at
the rate of Rs. 16.50 per warrant (being 75% of the issue price per
warrant) aggregating to Rs. 18,75,00,010.50/-
Additional information in case of preferential issue:
4 Name and number of the As per Annexure-1
Investor(s)
5 Post allotment of securities -
Name of Pre- Issue No. of Post issue
outcome of the subscription,
the Equity holding Shares Equity
Allottee(s before the allotted Holding after
) allotment upon exercise of
conversion Warrants
No. of % of warrant No. of %
shares shares
Amee 0 0.00 5,05,000 5,05,000
Tushar 4.19
Shah
Kapadia 0 0.00 5,05,000 5,05,000
Finwealth 4.19
Sanyuktab 0 0.00 5,05,000 5,05,000
4.19
Suryakant
Mehta
Tushar 0 0.00 5,05,000 5,05,000
Shashikant 4.19
Shah
Tushar 0 0.00 5,05,000 5,05,000
Shashikant
4.19
bhai Shah
Equifin 0 0.00 5,05,000 5,05,000
4.19
Capital
SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
Private
Limited
Arunaben 0 0.00 5,05,000 5,05,000
Vinodchan
4.19
Dhandhara
Hemal 0 0.00 5,05,000 5,05,000
Sanjaykum 4.19
ar Shah
Nishil 0 0.00 5,05,000 5,05,000
Financial
4.19
Advisors
Sanjaykum 0 0.00 5,05,000 5,05,000
4.19
Sevantilal
Shah
Sanjaykum 0 0.00 5,05,000 5,05,000
4.19
Sevantilal
Shah HUF
Sahaj 0 0.00 5,90,910 5,90,910
4.90
Trading
Jhaveri 0 0.00 5,90,910 5,90,910
Virali 4.90
Vicky
Narendra 0 0.00 2,86,136 2,86,136
Harising 2.37
Chaudhari
Dahiben 0 0.00 2,86,136 2,86,136
Narendra 2.37
Chaudhari
Yash Raj 0 0.00 4,54,545 4,54,545
Khargandh 3.77
Daxaben 0 0.00 7,20,000 7,20,000
Dharmend
5.97
rabhai
Doshi
Dharmend 0 0.00 7,20,000 7,20,000
5.97
Champakla
l Doshi
Forum 0 0.00 7,20,000 7,20,000
Kirtan 5.97
Doshi
Kirtankum 0 0.00 7,20,000 7,20,000
5.97
ar D Doshi
SESHACHAL TECHNOLOGIES LIMITED
CIN: L72200TG1994PLC154733
Registered Office: Plot No 57, Text Book Colony,
Hyderabad, Secunderabad - 500009, Telangana, India
Email: info@seshachal.com, Website: www.seshachal.com, Phone: 040-32945858
Bhushan 0 0.00 7,20,000 7,20,000
Manharbh 5.97
issue price / allotted price (in ai Soni
case of convertibles),
Warrants had been allotted on August 10, 2026, carrying a right to
subscribe to 1 Equity Share per warrant on receipt of amount at
the rate of Rs. 5.50 per warrant (25% of the issue price per
warrant).
Now, 1,13,63,637 Equity Shares have been allotted on receipt of
balance amount at the rate of Rs. 16.50/- per warrant (75% of the
issue price per warrant)
6 In case of convertibles - Exercise of 1,13,63,637 warrants into 1,13,63,637 fully paid-up
intimation on conversion of Equity Shares of Rs.10/-each at an issue price of Rs. 22/-
securities or on lapse of the each(including a premi
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