Constronics Infra Forfeits Rs. 8.27 Crores as 30,09,899 Convertible Warrants Lapse Unexercised

Constronics Infra Limited has intimated the stock exchange, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that 30,09,899 convertible warrants allotted on a preferential basis have lapsed in their entirety after none of the 18 allottees exercised their conversion option within the prescribed timeframe. The upfront consideration of Rs. 8.27 crores received at the time of allotment has consequently been forfeited by the company.

Warrant Allotment and Lapse Details

The company had allotted 30,09,899 (Thirty Lakhs Nine Thousand Eight Hundred and Ninety Nine) convertible warrants to 18 allottees on a preferential basis at an issue price of Rs. 110 per warrant on November 4, 2024. At the time of allotment, Rs. 8.27 crores, representing 25% of the total consideration, was collected as the initial subscription amount. The warrants carried an 18-month tenure, with the conversion option required to be exercised on or before May 4, 2026. Since none of the allottees exercised the conversion option within this period, all 30,09,899 warrants have lapsed, and the amount received stands forfeited as per Regulation 169(3) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The key parameters of the warrant issuance and lapse are summarised below:

Parameter:	Details
Type of Securities:	Convertible Warrants
Type of Issuance:	Preferential Allotment
No. of Warrants Allotted:	30,09,899
Issue Price per Warrant:	Rs. 110 per warrant
Date of Allotment:	November 04, 2024
Tenure:	18 months from date of allotment (i.e., May 04, 2026)
No. of Warrants Exercised:	Nil
No. of Warrants Lapsed:	30,09,899
Amount Forfeited:	Rs. 8.27 Crores
Change in Capital Structure:	No change in paid-up equity share capital

Allottee-Wise Breakdown of Lapsed Warrants

All 18 allottees failed to convert their respective warrants into equity shares. The complete allottee-wise breakdown of warrants allotted and lapsed is as follows:

Sr. No.:	Name of Allottee	Warrants Allotted	Warrants Converted	Warrants Lapsed
1	Maneesh Parmar	9,54,546	-	9,54,546
2	Keyway Growth Ventures LLP	7,72,727	-	7,72,727
3	Starry Skies Homestay LLP	3,63,636	-	3,63,636
4	Ankit Ujwalkumar Pagariya	2,72,727	-	2,72,727
5	Chandrika Rajesh Jain	90,909	-	90,909
6	Bhawarlal Jain	90,909	-	90,909
7	Ved Investments	90,909	-	90,909
8	Sushila Jain	68,182	-	68,182
9	Jai Basantilal Golechha	45,454	-	45,454
10	Manish Mardia	45,455	-	45,455
11	Poornima Jnaneshwar	45,455	-	45,455
12	Vivek Anand	32,727	-	32,727
13	V Vivek Anand HUF	32,727	-	32,727
14	Vidya R	32,727	-	32,727
15	Akhillandeshwari S	29,091	-	29,091
16	Shanmuga Anand Eswaran	18,181	-	18,181
17	Krishnaveni K	13,636	-	13,636
18	Vandhana R	9,901	-	9,901
TOTAL		30,09,899	-	30,09,899

No Impact on Paid-Up Capital

Constronics Infra has confirmed that the lapse of all 30,09,899 convertible warrants results in no change to the paid-up equity share capital of the company, as none of the warrants were converted into equity shares. The disclosure has been made pursuant to Regulation 30 read with SEBI Circular no. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026. The intimation was signed by Rishab Kothari, Company Secretary & Compliance Officer (M.No: A58023), on May 9, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.24%	0.0%	0.0%	0.0%	0.0%	+778.95%

Constronics infra Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2026. The submission was made on 10th April 2026 by Company Secretary and Compliance Officer Rishab Kothari.

Regulatory Compliance Documentation

The compliance certificate was issued by Cameo Corporate Services Limited, serving as the company's Registrar and Transfer Agent (RTA), on 6th April 2026. This certificate specifically addresses Regulation 74(5) requirements under SEBI's depositories framework.

Parameter:	Details
Quarter Covered:	Q4FY26 (ended 31st March 2026)
Certificate Date:	6th April 2026
Filing Date:	10th April 2026
Issuing Authority:	Cameo Corporate Services Limited
BSE Scrip Code:	523844

Dematerialisation Compliance Confirmation

Cameo Corporate Services Limited confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within regulatory timelines. The RTA verified that securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are traded.

The compliance certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by depository participants. Additionally, the names of depositories have been substituted in the register of members as registered owners within the stipulated time limits under the captioned regulations.

Corporate Governance Framework

The filing demonstrates Constronics Infra Limited's commitment to maintaining regulatory compliance under SEBI's depositories framework. Company Secretary Rishab Kothari, holding membership number A58023, digitally signed the submission document, ensuring proper authentication and corporate governance protocols.

This quarterly compliance certificate represents a routine regulatory requirement for listed companies, ensuring transparency in securities handling and dematerialisation processes. The timely submission reflects the company's adherence to prescribed corporate governance standards and regulatory obligations.