5paisa Capital discloses updated shareholding for preferential share swap

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Promoter holding dilutes from 36.50% to 34.53% post-issue
  • Total new shares allotted stand at 26,75,538 on a fully diluted basis
  • No change in company control or management is expected
  • Share swap ratio set at 1:31 with cash settlement for fractions
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5paisa Capital Limited disclosed an updated shareholding pattern regarding its proposed preferential issuance of equity shares through a share swap arrangement. The filing, dated October 9, 2026, provides revised disclosures on a fully diluted basis as requested by stock exchanges.

The update pertains to the Postal Ballot Notice issued on July 28, 2026, concerning the issuance of equity shares for consideration other than cash. This action is governed by Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013.

Shareholding Pattern Changes

The proposed allotment involves two individuals receiving shares in exchange for their holdings in GDPL. The total number of new equity shares to be allotted is 26,75,538, which includes shares from the share swap and outstanding ESOPs.

Category Pre-Issue Shares Pre-Issue % Post-Issue Shares Post-Issue %
Promoters and Promoter Group 1,71,13,393 36.50 1,71,13,393 34.53
Public Holding / Non-Promoter 2,97,68,864 63.50 3,24,44,402 65.47
Total 4,68,82,257 100.00 4,95,57,795 100.00

Allottee Details

The preferential issue targets specific shareholders of GDPL who will receive 5paisa shares based on a swap ratio of 1:31. Fractional entitlements will be settled in cash.

  • Mr. Amber Pabreja: Receives 11,82,588 shares, representing 2.39% of the post-allotment capital.
  • Ms. Devi Yeshodharan: Receives 8,68,000 shares, representing 1.75% of the post-allotment capital.

Control and Management Impact

The company stated that there will be no change in the control or management of 5paisa Capital Limited consequent to this preferential issue. However, the percentage holding of the promoters will witness a reduction of 1.97% due to the dilution effect of the new share issuance.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+7.33%+0.64%+12.16%-3.15%-27.47%

How will the integration of GDPL's assets into 5paisa Capital's balance sheet impact its long-term revenue diversification strategy?

What are the expected regulatory timelines for SEBI's final approval of this preferential issue under the ICDR Regulations?

Will the newly appointed shareholders, Mr. Pabreja and Ms. Yeshodharan, seek board representation or influence strategic decision-making post-allotment?

5paisa Capital receives ₹15.31 crore GST demand notice for FY23

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Received Show Cause cum Demand Notice for ₹15.31 crore from CGST Mumbai East
  • Notice relates to alleged Input Tax Credit discrepancies for FY23
  • Largest component is ₹13.20 crore for excess ITC liable to be reversed
  • Company states notice has no merits and plans to submit response
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5paisa Capital received a Show Cause cum Demand Notice (SCDN) from the Office of the Principal Commissioner of CGST & C. Excise, Mumbai East, proposing recovery of ₹15.31 crore in GST.

The notice, dated September 30, 2026, was issued under Section 73(1) of the Central Goods and Services Tax Act, 2017. It relates to alleged discrepancies in Input Tax Credit (ITC) availment for the financial year 2022-23 (FY23).

Breakdown of Demand

The total demand comprises three distinct components related to ITC claims:

Component Amount
Excess ITC availed/liable to be reversed ₹13.20 crore
Alleged excess availment of ITC ₹2.04 crore
Ineligible ITC ₹0.07 crore
Total Proposed Recovery ₹15.31 crore

The authority also proposed the recovery of applicable interest and penalty under the provisions of the CGST Act, 2017.

Company Response

In its disclosure to stock exchanges, 5paisa Capital stated that it possesses appropriate documents and supporting records to substantiate its position. The company asserted that the SCDN has no merits and will submit its response, along with requisite explanations, to the Adjudicating Authority within prescribed timelines.

The management indicated that there is no impact on the financial, operational, or other activities of the company arising from the said SCDN. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+0.40%+7.33%+0.64%+12.16%-3.15%-27.47%

How might the outcome of this GST adjudication influence regulatory scrutiny on other fintech firms regarding Input Tax Credit compliance?

What potential impact could a prolonged legal battle over the ₹15.31 crore demand have on 5paisa Capital's short-term liquidity and working capital management?

Will the proposed interest and penalty components significantly alter the effective financial liability beyond the principal amount if the authority rules against the company?

More News on 5Paisa Capital

1 Year Returns:-3.15%