On Door Concepts has approved the allotment of 20,00,000 convertible warrants on a preferential basis to raise capital, with the company receiving ₹7.8 crore upfront. The warrants, allotted at an issue price of ₹156 per share including a premium of ₹146, have a total issue size of ₹31.2 crore. The Board of Directors approved the allotment at its meeting held on July 09, 2026, pursuant to a special resolution passed by shareholders on May 15, 2026.

The warrants are convertible into an equivalent number of equity shares with a face value of ₹10 each within a period of 18 months from the date of allotment, which is July 09, 2026. The conversion can be exercised in one or more tranches upon payment of the remaining 75% of the issue price. The allotment does not result in an immediate increase in the paid-up equity share capital, which will increase only upon the exercise of the warrants and the consequent allotment of equity shares.

Allotment Details

The preferential issue was made to 72 allottees, including both promoters and non-promoters. The company received ₹7.8 crore, equivalent to 25% of the warrant issue price, as upfront payment from the allottees. The warrants are subject to lock-in provisions in compliance with the applicable SEBI ICDR Regulations.

Shareholding Pattern

The list of allottees includes individuals such as Swati Bapna, who received 4,00,000 warrants, and Sweety Talreja, who received 1,90,000 warrants. Promoter group entities Narendra Singh Bapna and Divya Daga were also allotted warrants. The post-preferential shareholding detailed in the filing is on a fully diluted basis, assuming all convertible warrants will be converted into equity shares.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant SEBI circular on continuous disclosure. The information was submitted by Vaishali Bakliwal, Company Secretary & Compliance Officer of On Door Concepts.

On Door Concepts has disclosed that Century India Opportunity Fund PC acquired a 5.71% stake in the company through a preferential allotment. The disclosure, submitted to the National Stock Exchange of India Limited-EMERGE on June 24, 2026, was made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The allotment of 4,00,000 equity shares was approved by the Board of Directors on June 18, 2026.

The acquisition increases the total equity share capital of On Door Concepts to 70,00,512 equity shares from 56,48,612 equity shares. Century India Opportunity Fund PC is not part of the promoter group. On a fully diluted basis, assuming the conversion of 20,00,000 outstanding convertible warrants into equity shares, the holding of Century India Opportunity Fund PC stands at 4.44% of the total diluted capital of 90,00,512 equity shares.

Consequent to the preferential allotment, NSB BPO Solutions Limited, a member of the promoter group, saw its stake dilute to 24.62% from 30.51% of the total paid-up equity share capital. The reduction is solely due to the dilution effect of the preferential allotment to non-promoters; no shares were sold or transferred by the promoter. The company also rectified clerical errors in the shareholding details of three individual allottees submitted earlier on June 20, 2026.

The following table details the shareholding of Century India Opportunity Fund PC post-acquisition:

The fully diluted capital includes the proposed 20,00,000 convertible share warrants approved by shareholders in the Extra-Ordinary General Meeting held on May 15, 2026.