Interiors & More approves preferential allotment of warrants

Interiors & More Limited’s board has approved the preferential allotment of 15,54,000 fully convertible warrants to raise ₹27,81,66,000. The warrants, priced at ₹179 each, will be issued to identified promoters and non-promoter investors, subject to shareholder and regulatory approvals. Each warrant is convertible into one equity share with a face value of ₹10, carrying a premium of ₹169.25, and must be converted within 18 months from the date of allotment.

The board convened on July 18, 2026, to finalize the issuance, which will be executed in one or more tranches. The allotment targets six investors, including promoters Rajiv Jhunjunwala and Manish Mohan Tibrewal, and non-promoter entities such as GreteX Corporate Services Limited and Signageus Value Advisors Private Limited. The total proceeds from the issue are expected to aggregate to ₹27,81,66,000.

To facilitate the conversion, the board approved convening an Extraordinary General Meeting (EGM) on August 14, 2026, via video conferencing. Shareholders will vote through e-voting to approve the preferential allotment. M/s D.A. Kamat & Co, Practicing Company Secretaries, has been appointed as the scrutinizer to oversee the remote e-voting process.

The warrants are issued in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. If the entitlement to apply for equity shares is not exercised within the stipulated 18-month period, the rights attached to the warrants will lapse, and the amount paid will be forfeited by the company.

Details of the Preferential Allotment

Sr No	Name of the Proposed Allottee	Category	No of Equity Warrants	Investment Amount (INR)	Issue Price (INR)
1	Rajiv Jhunjunwala	Promoter	3,88,800	6,95,95,200	179
2	Manish Mohan Tibrewal	Promoter	3,88,200	6,94,87,800	179
3	GreteX Corporate Services Limited	Public	1,99,800	3,57,64,200	179
4	Signageus Value Advisors Private Limited	Public	1,87,200	3,35,08,800	179
5	Kamal Jagdish Gupta	Public	1,95,000	3,49,05,000	179
6	Sonal Kamal Gupta	Public	1,95,000	3,49,05,000	179

The filing was made under Regulation 30 of the SEBI LODR Regulations. The board meeting commenced at 12:30 p.m. and concluded at 1:40 p.m. on July 18, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.89%	+11.94%	+13.33%	-3.83%	-62.82%	-34.04%

Interiors & More Limited has accepted the resignation of Jatin Amareliya from the position of Company Secretary and Compliance Officer, effective June 15, 2026. The resignation was tendered due to personal unforeseen reasons, as stated in the official filing submitted to the stock exchanges. The departure follows a formal communication dated May 25, 2026, addressed to the Board of Directors.

Mr. Amareliya confirmed that there are no other material reasons for his resignation beyond the personal circumstances cited. He requested the Board to relieve him from his duties effective June 15, 2026. The company is required to file the necessary forms with the Registrar of Companies (ROC) and intimate the stock exchanges and other relevant authorities to give effect to this resignation.

Details of Resignation

The disclosure was made in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table outlines the key details of the event:

Sr. No.	Details of event	Information
1.	Reason for change	Resignation due to personal unforeseen reason
2.	Date of cessation	June 15, 2026
3.	Brief profile	Not Applicable
4.	Disclosure of relationships	Not Applicable

The company acknowledged the resignation and confirmed that procedural formalities, including regulatory filings, would be completed to ensure a smooth transition. Mr. Amareliya expressed his gratitude for the support and cooperation extended to him during his tenure with the company.