Nanta Tech schedules EGM to approve ₹24.06 crore warrant issue

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Nanta Tech schedules EGM on October 10, 2026, for shareholder approval
  • Board approved ₹24.06 crore preferential issue of convertible warrants at ₹385 each
  • Authorized share capital to increase from ₹5.5 crore to ₹7 crore
  • Proceeds largely earmarked for working capital and general corporate purposes
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Nanta Tech Limited has scheduled an Extraordinary General Meeting (EGM) for October 10, 2026, to seek shareholder approval for a ₹24.06 crore preferential issue of convertible warrants. The meeting will also consider increasing the company's authorized share capital to ₹7 crore.

The board approved the resolutions on September 11, 2026. The EGM will be conducted via Video Conferencing or Other Audio Visual Means in compliance with SEBI regulations.

Capital Raise Details

The company plans to issue up to 6,25,000 convertible warrants at ₹385 per unit. The issuance targets both promoter and non-promoter investors. Investors must pay 25% of the price upfront, with the remaining 75% due upon conversion within 18 months of allotment.

Investor Category Name Warrants Allotted Post-Issue Holding %
Promoter Mayank A Jani 4,00,000 9.36%
Promoter Dhirajkumar C Acharya 1,00,000 1.82%
Promoter Naynaben D Acharya 1,00,000 1.74%
Non-Promoter Sneh Satishkumar Shah 25,000 1.13%

Use of Proceeds

The company intends to utilize the proceeds primarily for working capital requirements. Approximately ₹18.05 crore (75%) is allocated for working capital, while ₹5.97 crore (25%) is designated for general corporate purposes. A further ₹5 lakh is set aside for issue-related expenses. The funds are expected to be utilized within two years from receipt.

Corporate Actions

The board amended the Articles of Association to facilitate future security issuances via preferential offers or private placements. Authorized share capital rises from ₹5.5 crore (55 lakh shares) to ₹7 crore (70 lakh shares), subject to statutory approvals.

Mr. Nikunj Kanabar was appointed as scrutinizer for the remote e-voting process. Remote e-voting will be available from October 7, 2026, to October 9, 2026.

Historical Stock Returns for Nanta Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+3.83%-1.49%-8.13%0.0%+33.54%+33.54%

How will the conversion of these warrants within 18 months impact Nanta Tech's equity dilution and promoter holding percentages?

What specific operational expansions or revenue-generating activities does the company plan to fund with the ₹18.05 crore allocated for working capital?

Given the high issue price of ₹385 per warrant, what valuation multiples or growth projections justify this premium compared to current market prices?

Nanta Tech inaugurates Mumbai experience centre for AV, robotics, AI

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Nanta Tech inaugurates new Experience Centre in Mumbai on September 16, 2026
  • Facility showcases AV solutions, Allbotix robotics, and AI products like MeetIQ
  • Aims to strengthen engagement with enterprise and government customers in western India
  • Located at Andheri East to serve as a regional hub for demonstrations
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*this image is generated using AI for illustrative purposes only.

Nanta Tech Limited has inaugurated a new Experience Centre in Mumbai to showcase its integrated technology solutions across audio-visual, robotics, and artificial intelligence verticals.

The facility, located at Andheri East, serves as a regional hub for live product demonstrations and client engagements. It marks a strategic expansion of the company’s presence in India’s western business corridor.

Facility Overview

The Mumbai centre provides an immersive environment for partners, clients, and channel associates to explore the company’s portfolio. Key offerings demonstrated at the facility include:

  • Audio-Visual (AV) integration solutions
  • Service robotics under the Allbotix brand
  • Artificial Intelligence products including MeetIQ, NTalk, Ntra, and VisitIQ

These solutions are designed for diverse business environments, targeting improvements in operational efficiency and customer experience.

Strategic Intent

The inauguration supports Nanta Tech’s efforts to deepen relationships with enterprise and government customers in the Mumbai region. The centre facilitates direct interaction with the technology portfolio, enabling potential clients to assess practical applications firsthand.

Mayank Jani, Managing Director of Nanta Tech , stated that the centre brings the company’s capabilities closer to partners in one of its most important markets. He highlighted the platform’s role in fostering collaboration and creating value for channel partners.

About Nanta Tech Limited

Incorporated in June 2023, Nanta Tech operates across AV solutions, robotics, and software capabilities. The company provides end-to-end AV integration services to corporate, education, hospitality, and manufacturing sectors. Its Allbotix brand delivers customized service robotics for cleaning, delivery, greeting, and logistics applications.

Historical Stock Returns for Nanta Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+3.83%-1.49%-8.13%0.0%+33.54%+33.54%

How is Nanta Tech planning to leverage the Mumbai Experience Centre to accelerate market penetration in the competitive western Indian business corridor?

What specific revenue growth targets or partnership milestones has Nanta Tech set for its Allbotix robotics and AI verticals following this expansion?

How does the company intend to differentiate its AI offerings like MeetIQ and NTalk from established global competitors in the enterprise sector?

More News on Nanta Tech

1 Year Returns:+33.54%