Cosmic CRF Limited approved the conversion of 1,54,400 convertible share warrants held by its promoter group into fully paid-up equity shares. The board meeting held on September 9, 2026, sanctioned the allotment at an issue price of ₹1,614 per share.

The company received the balance exercise price of ₹1,210.50 per warrant, aggregating to ₹18.69 crore. This amount was paid in cash upon conversion. The initial warrant subscription of ₹4.03 crore per warrant had been collected earlier during the issuance phase in February 2025.

Capital Structure Impact

The allotment increases the company's issued and paid-up capital from 93,48,243 shares to 95,02,643 shares. The total face value of the capital rises from ₹9.35 crore to ₹9.50 crore.

The newly allotted equity shares rank pari passu with existing equity shares in all respects. The transaction involves Prilika Enterprises Private Limited, a promoter group entity.

Promoter Holding Changes

Prilika Enterprises Private Limited’s stake increased from 9.98% to 11.44% following the conversion. The entity held 9,32,900 shares prior to the issue and now holds 10,87,300 shares.

What the Numbers Show

The conversion represents a significant capital injection for the company, with the total consideration for these shares amounting to ₹24.92 crore. This figure combines the previously collected warrant subscription money of ₹6.23 crore and the recent cash inflow of ₹18.69 crore from the exercise price payment.

Cosmic CRF Limited has fixed Monday, September 21, 2026, as the cut-off date for determining shareholder eligibility for its fifth Annual General Meeting. The company issued this intimation on September 7, 2026, confirming the book closure period and e-voting schedule.

The 5th AGM is scheduled for Monday, September 28, 2026, at 3:00 pm. It will be conducted through video conferencing or other audio-visual means, adhering to Ministry of Corporate Affairs and SEBI circulars.

Shareholder Communication Details

In accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company sent physical letters to members whose email addresses are not registered with the company, Registrar & Share Transfer Agent (RTA) M/s MAS Services Limited, or Depository Participants.

These letters contain the web link to the soft copy of the Annual Report for the financial year 2025-26 and the AGM notice. The documents are also available on the company’s website and the BSE Limited exchange portal. Shareholders holding shares in electronic form can update their email, bank, and KYC details by approaching their respective Depository Participants. Physical shareholders may write to the RTA with their folio number and self-attested PAN card.

Voting and Record Dates

Remote e-voting will commence on Friday, September 25, 2026, at 9:00 am and conclude on Sunday, September 27, 2026, at 5:00 pm. The register of members and share transfer books will remain closed from September 21 to September 28, 2026.

Shareholders holding shares as of the cut-off date, Monday, September 21, 2026, are eligible to vote. Mr. Md. Shahnawaz, Proprietor of M/s M Shahnawaz & Associates, has been appointed as the scrutinizer for the e-voting process. Priya Sayani, Company Secretary & Compliance Officer, signed the notice. Aditya Vikram Birla, Managing Director, signed the letter to shareholders.