Innovassynth Technologies (India) Limited has announced a rights issue of up to 1,74,11,380 fully paid-up equity shares of face value ₹10 each at a price of ₹40 per share, including a premium of ₹30 per share. The issue aggregates up to ₹6,964.55 lakhs, assuming full subscription. The rights issue is being offered to eligible equity shareholders in the ratio of 3 rights equity shares for every 13 fully paid-up equity shares held as on the record date of April 29, 2026.

The company, formerly known as Innovassynth Investments Limited, was incorporated on February 15, 2008. Following a scheme of merger by absorption approved by the National Company Law Tribunal, Mumbai Bench-1 in November 2025, Innovassynth Technologies (India) Limited was merged into the company, and the company was renamed accordingly effective December 31, 2025.

Issue Details

The issue price of ₹40 per rights equity share is four times the face value of the equity shares. The rights equity shares issued pursuant to this issue will rank pari passu in all respects with the existing equity shares of the company.

Issue Schedule

The board of directors or the rights issue committee reserves the right to extend the issue period, not exceeding 30 days from the issue opening date. No withdrawal of applications will be permitted after the issue closing date.

Objects of the Issue

The net proceeds from the issue, estimated at ₹6,882.11 lakhs after deducting issue-related expenses of ₹82.44 lakhs, are proposed to be utilized for the following purposes:

The company intends to utilize ₹4,400 lakhs for the full prepayment of the rupee term loan availed from ICICI Bank Limited. The working capital augmentation of ₹850 lakhs will support the company's manufacturing and contract research activities. The amount allocated for general corporate purposes will not exceed 25% of the gross proceeds.

Key Appointments

MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited) has been appointed as the registrar to the issue. ICICI Bank Limited is acting as the banker to the issue. ACER Credit Rating Private Limited has been appointed as the monitoring agency to oversee the utilization of the gross proceeds.

The existing equity shares of the company are listed on BSE Limited. The company has received in-principle approval from BSE for listing the rights equity shares to be allotted pursuant to this issue. The designated stock exchange for the issue is BSE Limited.

Innovassynth Technologies (India) Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, fulfilling its regulatory obligations under SEBI regulations.

Regulatory Compliance Submission

The company submitted the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, as required by Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The submission was made on April 13, 2026, and signed by Company Secretary Sameer Pakhali.

Certificate Details from Registrar

Satellite Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on April 06, 2026. The certificate confirms proper handling of physical share certificates received for dematerialization of the company's equity shares.

The Registrar certified two key compliance points:

• The securities comprised in the certificates have been listed on the Stock Exchanges
• The certificates have been properly verified, mutilated, cancelled, and the depository name has been substituted in records as the registered owner

Company Information

Innovassynth technologies operates from its registered office at Old Mumbai-Pune Road, Khopoli, and maintains its corporate office at TCG International Biotech Park in Pune. The company, formerly known as Innovassynth Investments Limited, trades under scrip code 533315 on BSE.

This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparency in its share transfer and dematerialization processes.