Arcee Industries has allotted 2,13,00,000 fully convertible warrants to 29 non-promoter investors at an issue price of ₹10.35 per warrant. The board approved the allotment on July 6, 2026, following shareholder approval at an Extra-Ordinary General Meeting held on February 21, 2026. The company received ₹5,51,13,750, equivalent to 25% of the total issue size, with the balance payable upon conversion of the warrants into equity shares.

The preferential allotment was undertaken in compliance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. BSE Limited granted in-principle approval for the issuance via letter no LOD/PREF/HC/FIP/305/2026-27 dated June 01, 2026. The warrants carry a right entitling the holder to subscribe to one equity share per warrant.

Allotment Details

The warrants were issued to individuals and entities classified as non-promoters. The total issue size aggregates to ₹22,04,55,000. The price includes a warrant subscription price of ₹2.58 and a warrant exercise price of ₹7.77. The warrants are locked-in for a specified period as per SEBI ICDR Regulations.

Conversion and Lock-in Terms

The warrants have a tenure of up to 18 months from the date of allotment. Allottees must pay the remaining 75% of the issue price to exercise the warrants and subscribe to equity shares. If warrants are not exercised within this period, they will lapse, and the initial subscription amount will be forfeited by the company.

Since the warrants are yet to be converted into equity shares, there is no immediate change in the paid-up equity share capital of the company. The warrants are being issued in electronic form and are subject to lock-in requirements stipulated under SEBI regulations.

Arcee Industries Limited disclosed that promoters Ramesh Chander Gupta and Shruti Gupta disposed of 1,64,953 equity shares via open market transactions on June 29, 2026. The sale reduces the promoter group's collective holding to 21.37% of the total paid-up equity share capital, down from 24.58% prior to the transaction. The company submitted the disclosure to the Bombay Stock Exchange on June 30, 2026, pursuant to Regulation 7(2) read with Regulation 6(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Ramesh Chander Gupta disposed of 86,953 shares, representing a 1.69% reduction in the total share capital. Shruti Gupta disposed of 78,000 shares, accounting for a 1.52% decrease. The transactions were executed entirely through the open market mechanism on the BSE. Following the disposal, the total promoter group holding stands at 10,98,309 shares.

The table below outlines the changes in the promoter group's shareholding structure:

Other members of the promoter group, including Krishna Gupta, APL Fincap Limited, and Ramesh Chander Gupta (HUF), did not participate in the disposal and their respective holdings remain unchanged. The disclosure confirms that no other modes of acquisition or disposal, such as off-market transactions or inter-se transfers, were involved in this specific reduction of stake.