BSECompany Update2d ago · 27 Jul 2026, 05:31 pm

Intimation of Allotment of 15,00,000 Convertible Warrants on Preferential Basis.

Hariom Pipe Industries Ltd · 543517

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Hariom Pipe Industries Ltd has allotted 15,00,000 Convertible Warrants to promoters and promoter group members at an issue price of Rs.343.03 per Warrant, aggregating to Rs.51,45,45,000. The warrants are convertible into equity shares within 18 months.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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Hariom Pipe Industries Ltd - 543517 - Announcement under Regulation 30 (LODR)-Allotment

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Date: July 27, 2026 Listing Department Corporate Relationship Department The National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, BandraKurla Complex, PhirozeJeejeebhoy Towers, Bandra East, Mumbai – 400051 Dalal Street, Mumbai - 400 001 NSE Symbol – HARIOMPIPE BSE Scrip Code- 543517 Dear Sir/Madam, Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 – Allotment of 15,00,000 Convertible Warrants on Preferential Basis: Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("SEBI Listing Regulations") as amended, read with Schedule III thereto, and in furtherance of our earlier intimations dated May 21, 2026 and June 16, 2026 regarding the preferential issue of Convertible Warrants, we wish to inform you that, upon receipt of the warrant subscription money aggregating to Rs.12,86,36,250/-, representing 25% of the issue price of the Convertible Warrants from the allottees, the Board of Directors of Hariom Pipe Industries Limited, by way of a Resolution passed through circulation on July 27, 2026, has approved the allotment of 15,00,000 (Fifteen Lakh) Convertible Warrants, each convertible into or exchangeable for 1 (One) fully paid-up Equity Share of the Company having a face value of Rs.10/- each, at an issue price of Rs.343.03/- per Warrant (including a premium of Rs.333.03/- per Warrant), on a preferential basis to the following allottees belonging to the Promoter and Promoter Group, in accordance with the applicable provisions of the Companies Act, 2013, the rules made thereunder and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018: S. No. Name of the Allottee(s) No. of Convertible Category Amount Received Warrants (25% of Issue Price) (Rs.) * 1. Rupesh Kumar Gupta 6,20,000 Promoter 5,31,69,650 2. Shailesh Kumar Gupta 6,20,000 Promoter 5,31,69,650 3. Parul Gupta 1,30,000 Promoter Group 1,11,48,475 4. Isha Gupta 1,30,000 Promoter Group 1,11,48,475 Total 15,00,000 12,86,36,250 *Being 25% of the Issue Price received towards subscription of the Convertible Warrants. Consequent to the aforesaid allotment of Convertible Warrants, there is no change in the paid-up equity share capital, shareholding pattern or control of the Company. Each Warrant holder shall be entitled to exercise the Warrants, in one or more tranches, upon payment of the balance 75% of the Issue Price within a period of 18 (Eighteen) months from the date of allotment, in accordance with the terms of the issue and the applicable provisions of the SEBI ICDR Regulations. The details as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“SEBI Circular”), are enclosed herewith as Annexure-I. This disclosure is also available on the Company’s Website at https://www.hariompipes.com/ Kindly take the above on your record. Thanking You, Yours faithfully, For Hariom Pipe Industries Limited Rekha Singh Company Secretary M.No.: A33986 Encl: As above Annexure-I Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as under: Sl. No. Particulars Description 1. Types of securities issued Warrants convertible into Equity Shares on Preferential Basis. 2. Types of Issuances Preferential Allotment 3. Total number of securities Allotment of 15,00,000 (Fifteen Lakhs) Convertible Warrants of face value issued or the total amount for of Rs. 10/- each at an issue price of Rs.343.03/- (Rupees Three Hundred which the securities will be Forty-Three and Three paisa only) per Warrant (including a premium of issued (approximately) Rs.333.03/- (Rupees Three Hundred Thirty-Three and Three paisa only) per Warrant), aggregating to Rs.51,45,45,000/- (Rupees Fifty-One Crore Forty-Five Lakh and Forty-Five Thousand only) 4. Any cancellation or NIL termination of proposal for issuance of securities including reasons thereof. Additional information in case of preferential issue: 5. Name of the Investor(s) 1. Rupesh Kumar Gupta 2. Shailesh Kumar Gupta 3. Parul Gupta 4. Isha Gupta 6. Post allotment of securities – The Board of Directors has allotted 15,00,000 Convertible Warrants, each outcome of the subscription, carrying a right to subscribe to one fully paid-up equity share of face value issue price/allotted price (in of Rs.10/- each, at an issue price of Rs.343.03 per Warrant (including a case of convertibles), number premium of Rs.333.03 per Warrant), on a preferential basis to 4 (Four) of investors. investors all belonging to the Promoter and Promoter Group. An aggregate amount of Rs.12,86,36,250/-, being 25% of the issue price, has been received from the allottees prior to allotment. The balance 75% of the issue price shall be payable at the time of exercise of the Warrants, within a period of 18 (Eighteen) months from the date of allotment, in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. 7. In case of convertible – Each Convertible Warrant is convertible into, or exchangeable for, one fully intimation on conversion of paid-up equity share of the Company having a face value of Rs.10/- each securities or on lapse of the upon payment of the balance 75% of the issue price, at any time within a tenure of the instruments. period of 18 (Eighteen) months from the date of allotment, in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. In the event that a Warrant holder does not exercise the option to convert the Convertible Warrants into Equity Shares within the aforesaid period of 18 (Eighteen) months, the Warrants shall lapse, and the amount paid thereon shall stand forfeited by the Company in accordance with the terms of the issue and the applicable provisions of the SEBI ICDR Regulations.