Vascon Engineers Limited has submitted its reconciliation of share capital audit report for the quarter ended March 31, 2026, to the National Stock Exchange of India Limited and BSE Limited. The report, filed under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018, provides comprehensive details about the company's share capital structure and changes during Q4FY26.

Share Capital Structure

The company's share capital structure as of March 31, 2026, demonstrates complete dematerialization of its equity shares:

The company maintains 96,548 security holders as of the quarter end, with the face value of each share being Rs.10/-. All shares are fully dematerialized, indicating complete digitization of the company's share capital.

ESOP Allotment During Q4FY26

A significant development during the quarter was the allotment of shares under the Employee Stock Option Scheme. The company received approvals for the following:

The listing and trading approvals for these 30,30,000 equity shares were received from both BSE and NSE on March 27, 2026, and the shares were admitted for trading with effect from March 30, 2026.

Compliance and Administrative Details

The audit report confirms full compliance with regulatory requirements. Key administrative aspects include:

• Register of Members: Updated as of the quarter end
• Demat Requests: No requests confirmed after 21 days or pending beyond 21 days
• Previous Quarter Issues: No excess dematerialized shares reported
• Share Registry: KFin Technologies Limited serves as the common agency

The company's compliance officer, Ms. Neelam Piyush Pipada (ACS 31721), signed the report, while the audit was conducted by Savita Jyoti Associates, with CS Savita Jyoti (FCS 3738) serving as the practicing company secretary.

Corporate Information

Vascon Engineers Limited operates from its registered and corporate office at Vascon Weikfield Chambers, Behind Hotel Novotel, Opposite Hyatt Hotel, Pune-Nagar Road, Pune - 411014. The company's securities are listed on both BSE Limited and National Stock Exchange of India Limited under the symbol VASCONEQ and scrip code 533156 respectively.

Vascon Engineers Limited has successfully concluded its board meeting held on April 17, 2026, approving key financial proposals including a ₹800 crore fund raising initiative through issuance of convertible warrants. The meeting, which commenced at 1811 hours and concluded at 1908 hours, was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Convertible Warrants Issuance

The board approved the issuance of up to 2,00,00,000 fully convertible warrants at an issue price of INR 40 per warrant, aggregating to INR 80,00,00,000. Each warrant is convertible into one fully paid-up equity share of INR 10 each. The issue price is higher than the floor price determined in accordance with Regulation 164, read with Regulation 166A of Chapter V of SEBI ICDR Regulations.

The warrants carry a right to subscribe to one equity share per warrant, exercisable in one or more tranches during the period from the date of allotment until expiry of 18 months from the date of allotment.

Borrowing Power and Charge Limits Increase

The board recommended to shareholders a special resolution for increasing borrowing powers from existing INR 1000 Crore to INR 1500 Crore pursuant to Section 180(1)(c) of the Companies Act, 2013. Additionally, the board recommended increasing limits for creating charge/security over assets from existing INR 1000 Crore to INR 1500 Crore under Section 180(1)(a) of the Companies Act, 2013.

Extra-Ordinary General Meeting

An Extra-Ordinary General Meeting (EGM) has been scheduled on Monday, May 18, 2026, through Video Conferencing or Other Audio Visual Means to seek member approval for the proposed preferential issue along with other matters. The board also constituted a Preferential Issue Committee to finalize and approve all relevant documents for the proposed issue.

Regulatory Compliance

The formal communication was signed by Company Secretary and Compliance Officer Neelam Piyush Pipada, ensuring proper documentation and regulatory adherence. The notice of the EGM will be sent separately to stock exchanges and members, and will be available on the company's website at www.vascon.com and on the websites of both stock exchanges.