One Point One Solutions Ltd has received in-principle approval from stock exchanges to issue 15,00,000 warrants to non-promoters on a preferential basis. The company disclosed this in a regulatory filing on October 7, 2026.

The approvals came via letters from the National Stock Exchange of India (NSE) and BSE Limited dated October 6, 2026. The warrants are convertible into an equal number of equity shares with a face value of ₹2 each at a price not less than ₹60 per share.

Issue Details

Regulatory Conditions

The in-principle approval is subject to the company fulfilling specific conditions set by the exchanges. These include filing the listing application immediately after allotment and obtaining statutory approvals from authorities including SEBI, RBI, and MCA.

The exchanges advised the firm to strengthen internal controls to monitor trades executed by proposed allottees before allotment. This includes obtaining undertakings that allottees will not engage in intra-day trading or sell the scrip until the allotment date.

The company must ensure compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The exchanges reserved the right to withdraw the approval if submitted information is found incomplete or misleading.

One Point One Solutions has increased its holding in subsidiary One Point One Technology Labs Private Limited (OPO Tech Lab) to 62.75% after acquiring 74,480 equity shares.

The transaction, valued at ₹25.82 crore, was executed on a private placement basis. The consideration was non-cash, structured as the extinguishment of an outstanding liability owed by the subsidiary to the parent company.

Transaction details

The company subscribed to shares at an issue price of ₹3,467.10 per share. This price includes a premium of ₹3,457.10 per share on a face value of ₹10. The move strengthens OPO Solutions' control over its technology arm without immediate cash outflow.

Regulatory disclosure

The disclosure was made under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the shareholding in OPO Tech Lab rose by 2.75 percentage points consequent to this subscription.

What the numbers show

The acquisition highlights a balance sheet consolidation strategy where inter-company debt is converted into equity. By settling the liability through share issuance rather than cash payment, OPO Solutions reduces the subsidiary's debt burden while increasing its own equity stake. This mechanism improves the subsidiary's leverage profile while enhancing the parent's ownership percentage, effectively capitalizing the subsidiary using existing receivables.