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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Growth Catalyst3/10
Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10

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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 [Showing first 8,000 characters — download PDF for full document]