Arcee Industries Limited has scheduled a board meeting for July 15, 2026, to consider convening an Extra-Ordinary General Meeting (EGM). The meeting will be held under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda includes the proposal to convene the EGM and the approval of its draft notice.

The Board of Directors may also consider any other matter with the permission of the Chair. The intimation was submitted to BSE Limited on July 12, 2026. Srishti, the Company Secretary & Compliance Officer, signed the disclosure.

Meeting Details

The company's registered office is located at 7th K.M. Barwala Road, Talwandi Rana, Hisar-125 001, India.

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.