BSECompany Update4d ago · 27 Jul 2026, 06:37 pm

Reg 30 of SEBI (LODR) Reg, 2015 - Allotment of Convertible Warrants on a Preferential basis

Vascon Engineers Ltd · 533156

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Vascon Engineers Ltd has informed about the allotment of 200,00,000 convertible warrants on a preferential basis to promoters and non-promoters at Rs. 40 (including premium of Rs. 30) per warrant. The warrants carry a right to subscribe to 1 equity share per warrant by way of private placement. The company has received 25% of the issue price as upfront consideration and the balance 75% shall be payable by the warrant holders in due course of 18 months.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Vascon Engineers Ltd - 533156 - Announcement under Regulation 30 (LODR)-Allotment

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July 27, 2026 To, To, National Stock Exchange of India Limited BSE Limited Listing Department, The Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai 400 001 Ref Symbol: VASCONEQ Ref: Scrip Code: 533156 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to issue and allotment of 2,00,00,000 Warrants on preferential basis under Regulation 28(1) of the SEBI (LODR) Regulations, 2015. Ref: Intimation dated April 17, 2026 and Disclosure dated April 24, 2026 issued by Vascon Engineers Limited (“the Company”) In continuation to our earlier announcements in this regard and subsequent to receipt of “In Principle” approval from NSE Ref: NSE/LIST/54777 dated 14.07.2026 and BSE Ref No. LOD/PREF/DA/FIP/514/2026-27 dated 15.07.2026, we would like to inform that Preferential Issue Committee of Board of Directors through Circular Resolution dated July 27, 2026 has approved Allotment of 200,00,000 warrants (the “Warrants”) to Promoter and Non-Promoter on a preferential basis, each carrying a right exercisable by the Warrant holder to subscribe to 1 equity share per Warrant by way of private placement, at a price of Rs. 40 (including premium of Rs. 30) per Warrant of which 25% of the issue price of the warrants, being the minimum upfront consideration as prescribed under Regulation 169 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 has been received by the Company and the balance 75% of the issue price shall be payable by the warrant holders in due course of 18 Month. The details of pre and post allotment paid-up equity share capital of the Company are as follows: Particulars Number of equity shares Amount (in Rs) Pre-allotment paid up share capital 23,16,97,111 231,69,71,110 Post-allotment paid up share capital 25,16,97,111 251,69,71,110 *The post-allotment paid up share capital is on a fully-diluted basis and assuming full conversion of the Warrants into equity shares. You are requested to take the above intimation on record. For Vascon Engineers Limited Neelam Piyush Pipada Company Secretary and Compliance Officer M No. A31721