BSECompany Update4d ago · 5 Nov 2026, 03:50 pm
Pursuant to Regulation 30 of SEBI LODR Regulations, please find attached disclosure with respect to allotment of CCPS
John Cockerill India Ltd-$ · 500147
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John Cockerill India Ltd has announced the allotment of 35,185 Non-Cumulative Compulsory Convertible Preference Shares (CCPS) to John Cockerill SA, with a face value of INR 100 and a premium of up to INR 57,928.60 per CCPS. The CCPS are unlisted and subject to a lock-in restriction as prescribed under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
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John Cockerill India Ltd-$ - 500147 - Announcement under Regulation 30 (LODR)-Allotment
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Ref.: JCIL/BSE/2026
Date: November 5, 2026
The Secretary,
BSE Limited,
Mumbai - 400 001.
Scrip Code: 500147
Dear Sir/Madam,
Sub.: Allotment of Non-Cumulative Compulsory Convertible Preference Shares.
In furtherance to our intimation dated May 26, 2026 and in terms of Regulation 30 and other applicable
provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”), we hereby inform that pursuant to the approval of shareholders (by way of special
resolution) at the 40th Annual General Meeting of John Cockerill India Limited (“the Company”) held
on June 25, 2026 and pursuant to receipt of the applicable approval (including approval from Reserve
Bank of India through Authorised Dealer Bank email dated November 3, 2026, and in-principle
approval from BSE Limited vide letter dated August 28, 2026), the Board of Directors of the Company,
today i.e., November 5, 2026, has, inter alia approved the allotment of Compulsory Convertible
Preference Shares (CCPS) on a preferential basis to the following:
Sr. Name of the Type of No. of Face Value Premium Amount (in INR)
No. Allottee Security Security of Security (In INR)
(In INR)
1. Jo hn Cockerill Non- 35,185* 100/- 57,928.60/- 204,17,36,291/-
SA (JCSA) Cumulative,
Non-Voting,
0.001% CCPS
* The said CCPS have been allotted towards the acquisition from JCSA of 79.44% of the total paid-up
share capital of John Cockerill Metals International SA, Belgium (“Metals International”), by way of a
share swap, and are being issued for consideration other than cash, on such terms and conditions as
set out in the amendment to the Share Purchase Agreement entered into between the Company and
JCSA.
These Compulsory Convertible Preference Shares are unlisted.
John Cockerill India Limited
Regd. Office: 1902, 19th Floor, Aurum Q2 IT Parc, • TTC Industrial Area, • Thane Belapur Road, Navi Mumbai 400 710 • India • Tel.: +91 9619762727
Workshop: A-84, 2/3 MIDC • Taloja Ind. Area • Dist. Raigad 410 208 • India • Tel.: +91 22 (0) 6673 1500
Workshop: Village Hedavali • Tal. Sudhagadh • Dist. Raigad 410 205 • India
www.johncockerillindia.com • CIN: L99999MH1986PLC039921
johncockerill.com
Further, the aforesaid securities allotted on preferential basis shall be subject to such lock-in restriction
as prescribed under Chapter V of the Securities and Exchange Board of India (Issue of Capital and
Disclosure Requirements) Regulations, 2018 (as amended).
The information in connection with the allotment of securities pursuant to Regulation 30 of the SEBI
(LODR) Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026, is enclosed as Annexure I.
You are requested to take the above intimation on record.
Thanking you,
Yours faithfully,
For John Cockerill India Limited
Nidhi N. Salampuria
Company Secretary & Compliance Officer
(FCS: 10448)
John Cockerill India Limited
Regd. Office: 1902, 19th Floor, Aurum Q2 IT Parc, • TTC Industrial Area, • Thane Belapur Road, Navi Mumbai 400 710 • India • Tel.: +91 9619762727
Workshop: A-84, 2/3 MIDC • Taloja Ind. Area • Dist. Raigad 410 208 • India • Tel.: +91 22 (0) 6673 1500
Workshop: Village Hedavali • Tal. Sudhagadh • Dist. Raigad 410 205 • India
www.johncockerillindia.com • CIN: L99999MH1986PLC039921
johncockerill.com
Annexure-I
Disclosure pursuant to Paragraph 1 of Part A, Schedule III of the Listing Regulations read with the
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026:
Sr. Details of event Information of such event
No. that needs to be
provided
1. Ty pe of Securities Non-Cumulative Compulsorily Convertible Preference Shares
proposed to be (“CCPS”)
issued (viz. equity
shares, convertibles
etc.).
2. Ty pe of issuance Preferential allotment on a private placement basis.
3. To tal number of Allotment of 35,185 (Thirty-five thousand one hundred eighty-five)
securities proposed Non-Cumulative Compulsory Convertible Preference Shares(“CCPS”)
to be issued or the having face value of INR 100.00/- (Indian Rupees Hundred Only) per
total amount for share at a premium of up to INR 57,928.60/- (Indian Rupees Fifty-
which the securities seven thousand nine hundred twenty-eight and Sixty Paisa Only) per
will be issued CCPS, aggregating up to a total of INR 2,04,17,36,29.00/-(Indian
(approximately). Rupees Two hundred four crore seventeen lakh thirty-six thousand
two hundred ninety-one Only)
4. Na mes of the John Cockerill SA
investors
5. Po st allotment of securities:
i. Outcome of Name of Pre-Preferential Post-Allotment pursuant to
the Investor Issue the Preferential Issue
subscription
No. of % held No. of Shares % held
Shares
John 34,72,700 70.33% 38,24,550 72.30%
Cockerill
*Assuming allotment and conversion of all CCPS issued to Investor
pursuant to this Preferential Issue, wherein Each 1 (One) CCPS
allotted to each of the Proposed Allottees shall be compulsorily
convertible into 10 (Ten) Equity Shares.
Conversion will take place at the earlier of either: (a) the option of
the relevant Proposed Allotee, or (b) 18 (eighteen) months from the
date of allotment.
John Cockerill India Limited
Regd. Office: 1902, 19th Floor, Aurum Q2 IT Parc, • TTC Industrial Area, • Thane Belapur Road, Navi Mumbai 400 710 • India • Tel.: +91 9619762727
Workshop: A-84, 2/3 MIDC • Taloja Ind. Area • Dist. Raigad 410 208 • India • Tel.: +91 22 (0) 6673 1500
Workshop: Village Hedavali • Tal. Sudhagadh • Dist. Raigad 410 205 • India
www.johncockerillindia.com • CIN: L99999MH1986PLC039921
johncockerill.com
ii. Issue Price 35,185 Non-Cumulative Compulsory Convertible Preference
Shares(“CCPS”) having face value of INR 100.00/- (Indian Rupees
Hundred Only) per share at a premium of up to INR 57,928.60/-
(Indian Rupees Fifty-seven thousand nine hundred twenty-eight and
Sixty Paisa Only) per CCPS, aggregating up to a total of INR
2,04,17,36,291.00/-(Indian Rupees Two hundred four crore
seventeen lakh thirty-six thousand two hundred ninety-one Only).
iii. No. of 1 (One)
Investor
6. In case of Each 1 (One) CCPS allotted to each of the Allottee shall be
convertibles - compulsorily convertible into 10 (Ten) Equity Shares of the Company.
intimation on Conversion will take place at the earlier of either: (a) the option of
conversion of the relevant Proposed Allotee, or (b) 18 (eighteen) months from the
securities or on date of allotment.
lapse of the tenure
of the instrument. The allotment of equity shares pursuant to exercise of the
convertible securities shall be completed within 15 days from the
date of such exercise by the allottee.
7. An y cancellation or Not Applicable
termination of
proposal for
issuance of
securities including
reasons thereof.
John Cockerill India Limited
Regd. Office: 1902, 19th Floor, Aurum Q2 IT Parc, • TTC Industrial Area, • Thane Belapur Road, Navi Mumbai 400 710 • India • Tel.: +91 9619762727
Workshop: A-84, 2/3 MIDC • Taloja Ind. Area • Dist. Raigad 410 208 • India • Tel.: +91 22 (0) 6673 1500
Workshop: Village Hedavali • Tal. Sudhagadh • Dist. Raigad 410 205 • India
www.johncockerillindia.com • CIN: L99999MH1986PLC039921
johncockerill.com