Diensten Tech Limited has allotted 3,98,800 fully convertible warrants at an issue price of Rs. 115 per warrant, raising an aggregate amount of Rs. 4,58,62,000 on a preferential basis. The Preferential Issue Committee approved the allotment on June 12, 2026, following the receipt of 25% of the total subscription amount from all allottees. The warrants were issued to individuals in the Promoter & Promoter Group and Public categories.

Allotment Details

The distribution of warrants saw the Promoter category receiving the majority of the allocation. Abhishek Singhania received 2,60,000 warrants, while Vipul Prakash was allotted 52,000 warrants. Tina Prakash from the Promoter Group also received 52,000 warrants.

The Public category accounted for the remaining allotments. Sanjay Kumar Jain received the highest allocation in this category with 12,000 warrants. Other public investors receiving allotments included Manoj Kumar and Bhagi Naren Kumar Sandilya, who were allotted 4,800 warrants each. Several investors, including Anish Mahajan, Sonia Vaid, Siva Prasad Nanduri, Puram Hemant Kumar, and Bhanu Prakash Gulla, received 2,400 warrants each. Nirmit N Desai was allotted 1,200 warrants.

Capital Structure Impact

Consequent to this allotment, the paid-up equity share capital of Diensten Tech Limited on a fully diluted basis has increased to Rs. 8,65,94,460. This capital is divided into 86,59,446 equity shares with a face value of Rs. 10 each. The intimation was submitted to the National Stock Exchange of India in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Diensten Tech Limited has received shareholder approval for the issuance of up to 3,98,800 Fully Convertible Warrants to persons and entities belonging to the Promoter & Promoter Group and Public category. The special resolution was passed via a postal ballot process, with the results declared on June 01, 2026. This approval allows the company to raise capital through the preferential allotment of warrants.

The remote e-voting process was conducted by KFin Technologies Limited (KFintech) between April 30, 2026, and May 29, 2026. A total of 465 shareholders were eligible to vote as on the record date of April 24, 2026. The Scrutinizer's Report, submitted by Karm Sawhney of Karm Sawhney & Associates, confirmed the fairness and transparency of the voting process.

The resolution secured the requisite majority required for a special resolution. A total of 6,241,040 votes were cast in favour of the resolution, representing 99.88% of the total valid votes polled. In contrast, 7,200 votes were cast against the resolution, accounting for 0.12% of the total votes.

Voting Breakdown

The voting participation varied across shareholder categories. Promoters and the Promoter Group cast 5,846,270 votes in favour via e-voting, representing 100% of the votes polled by this category. Public Non-Institutions cast 394,770 votes in favour and 7,200 votes against. Public Institutions did not participate in the voting process.

The postal ballot notice was dated April 28, 2026, and was sent electronically to members whose email addresses were registered with the company or depositories. The results and the scrutinizer's report have been made available on the company's website.