PE Analytics has secured in-principle approval from the National Stock Exchange of India Limited (NSE) to issue 3,97,800 equity shares on a preferential basis to HDFC Capital Advisors Limited, a non-promoter entity. The issuance, priced at ₹201 per share, includes a premium of ₹191 over the face value of ₹10. This capital raise is subject to the company fulfilling specific regulatory conditions before the final listing.

The approval, conveyed via NSE letter reference NSE/LIST/55343 dated June 19, 2026, mandates that PE Analytics file the listing application immediately following the allotment. The company must also secure necessary statutory approvals from authorities such as the Securities and Exchange Board of India (SEBI), the Reserve Bank of India (RBI), and the Ministry of Corporate Affairs (MCA).

Regulatory Conditions and Compliance

The exchange has outlined several conditions that the company must adhere to for the listing to proceed. These include compliance with all applicable guidelines of the NSE and other statutory bodies as of the date of the listing application. Additionally, the company must adhere to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013.

A critical requirement involves the strengthening of internal controls to monitor trades executed by the proposed allottee. PE Analytics is required to obtain an undertaking from HDFC Capital Advisors Limited confirming that they will not engage in intra-day trading or sell any shares in the company until the allotment date. The responsibility for verifying this compliance and ensuring adherence to Regulation 167(6) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, rests solely with the issuer.

Issue Details

The preferential allotment details are summarized below:

The NSE has reserved the right to withdraw the in-principle approval if any information provided is found to be incomplete, incorrect, or misleading. PE Analytics has stated that this information is also available on its website.

P.E. Analytics Limited shareholders have approved the preferential issue of equity shares to non-promoter investors and granted special rights to HDFC Capital Advisors Limited (HCAL). The resolutions were passed during an Extraordinary General Meeting (EGM) held on June 12, 2026, via Video Conferencing. The meeting also sanctioned the amendment of the Articles of Association to incorporate these special rights.

The EGM commenced at 1:00 PM IST and concluded at 1:19 PM IST, with eight members in attendance. The Board, including Managing Director Samir Jasuja, oversaw the proceedings. Remote e-voting was conducted between June 9 and June 11, 2026, allowing shareholders to participate prior to the meeting.

Resolutions Passed

Shareholders voted on three special resolutions, all of which were approved. The primary agenda items focused on capital raising and structural governance changes.

The preferential issue aims to raise capital, with proceeds previously earmarked for strengthening human capital in technology and AI, IT infrastructure acquisition, and general corporate purposes. The grant of special rights to HCAL signifies a strategic partnership, requiring specific amendments to the company's constitutional documents.

Key personnel present at the meeting included Sachin Sandhir and Vaishali Jasuja, Directors, along with Dheeraj Tandon, Chief Financial Officer, and Hritika Verma, Company Secretary. M/s. Agarwal S. & Associates acted as the scrutinizer for the voting process.