Swastika Investmart Limited has approved the grant of 5,000 employee stock options to eligible employees. The Nomination and Remuneration Committee (NRC) authorized these options under the Swastika Investmart Limited - Employee Stock Option Scheme 2025 during a meeting held on October 21, 2026.

Each option is convertible into one equity share with a face value of ₹2 each. The exercise price for these options has been set at ₹52.50 per share. This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scheme Terms and Conditions

The granted options are governed by the Swastika ESOS – 2025, which complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. Key terms regarding vesting and exercise periods are outlined below:

The NRC administers the scheme, which specifies how options are treated in cases of death, permanent incapacity, resignation, termination, or retirement. All vested options must be exercised within a maximum period of three years from their respective vesting dates.

Governance and Compliance

The meeting concluded at 2:50 pm on October 21, 2026. Sunil Nyati, Chairman and Managing Director, signed the disclosure digitally. The company stated that this information is also available on its official website for public reference. As this outcome pertains strictly to the grant phase, details regarding vested, exercised, or lapsed options are currently not applicable.

Swastika Investmart Limited has approved the allotment of 90,50,000 convertible share warrants to promoter and non-promoter groups. The preferential allotment, valued at a total issue size of ₹57.59 crore, was sanctioned by the Preferential Allotment Committee on September 30, 2026.

The company received an upfront payment of ₹14.39 crore, representing 25% of the total warrant consideration. The remaining 75% is payable by allottees upon exercising their conversion rights within 18 months of allotment. Each warrant is convertible into one equity share with a face value of ₹2 at a price of ₹63.64 per share.

Allotment Structure and Pricing

The issuance follows approval from shareholders in an Extra-Ordinary General Meeting held on August 14, 2026, and in-principle clearance from BSE Limited. The warrants are subject to lock-in requirements under SEBI (ICDR) Regulations, 2018. If allottees fail to exercise conversion rights within the stipulated 18-month period, the warrants will lapse, and the paid consideration will be forfeited by the company.

Key Financial Details

Investor Composition

The allotment includes significant participation from the promoter group, including Sunil Nyati, Anita Nyati, Parth Nyati, and Devashish Nyati. Non-promoter entities such as Intelliguity Ventures LLP, Valueworthy Advisors LLP, and individual investors like Yogita Gandhi also participated. Yogita Gandhi’s allocation represents the largest single non-promoter block with 20,00,000 warrants.

Top Allottees by Warrant Count

What the Numbers Show

The data reveals a strategic dilution of promoter holding in exchange for capital infusion. Post-conversion, assuming full exercise of all warrants, the combined promoter group holding is projected to adjust as new shares enter the float. For instance, Sunil Nyati’s stake is expected to decline from 12.47% to 10.57%, while Anita Nyati’s moves from 12.44% to 10.55%. Conversely, non-promoter entity Yogita Gandhi’s stake rises significantly from 7.46% to 12.01%, indicating a shift in shareholding concentration towards external investors despite the overall increase in the company's equity base.