7seas entertainment Limited has announced significant capital raising measures through its board resolution passed on February 25, 2026. The company's board approved the allotment of convertible warrants and equity shares to promoter and non-promoter investors, marking a strategic move to strengthen its financial position.

Convertible Warrants Allotment Details

The board approved the allotment of 13.75 lakh convertible warrants with specific financial parameters that demonstrate the company's fundraising strategy.

The company has already received the mandatory 25% upfront subscription amount totaling ₹2.75 crore from the allottees, in compliance with SEBI (ICDR) Regulations, 2018. This upfront payment represents ₹20 per warrant as the initial subscription requirement.

Equity Shares Allotment

Simultaneously, the board approved the allotment of equity shares to both promoter and non-promoter categories with attractive pricing structure.

The newly allotted equity shares will rank pari-passu in all respects with the existing equity shares of the company. This means the new shareholders will enjoy equal rights including dividend entitlement and voting rights from the date of allotment.

Regulatory Approvals and Compliance

Both allotments received necessary regulatory clearance from BSE Limited through in-principle approval. The exchange granted approval vide letter reference no. LOD/PREF/PB/FIP/1671/2025-26 dated February 11, 2026, ensuring compliance with listing regulations.

The board resolution was passed through circulation on February 25, 2026, and became effective on the same date. The company has duly informed BSE Limited about these developments under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

The combined fundraising through convertible warrants and equity shares demonstrates the company's multi-pronged approach to capital mobilization. The convertible warrants provide flexibility to investors while ensuring immediate capital infusion through the 25% upfront payment. The equity shares allotment at a significant premium to face value indicates investor confidence in the company's prospects.

The resolution was digitally signed by L. Maruti Sanker, Managing Director (DIN: 01095047), confirming the board's commitment to these capital raising initiatives.

7Seas Entertainment Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating steady growth in its gaming software business. The Hyderabad-based company reported revenue from operations of ₹504.04 lakhs for Q3FY26, marking an improvement from the corresponding quarter performance.

Financial Performance Overview

The company's quarterly financial performance shows consistent growth across key metrics:

Nine-Month Performance

For the nine-month period ended December 31, 2025, 7Seas Entertainment demonstrated strong operational performance:

Expense Management

The company's expense structure for Q3FY26 totaled ₹448.11 lakhs, compared to ₹386.06 lakhs in the corresponding quarter of the previous year. Key expense components included:

• Employee benefits expense: ₹206.15 lakhs (Q3FY26) versus ₹256.62 lakhs (Q3FY25)
• Other expenses: ₹221.69 lakhs (Q3FY26) versus ₹115.42 lakhs (Q3FY25)
• Depreciation and amortisation: ₹20.27 lakhs (Q3FY26) versus ₹14.01 lakhs (Q3FY25)

Business Developments

The company has been actively expanding its gaming portfolio and platform presence. Recent business developments include:

• Release of multiplayer feature option for the World Cricket Champions League Game on both Android and iOS platforms
• Addition of 10 more games to the Jio Games Platform
• Plans to release mobile games for the Casual Game Category before the financial year ending

Corporate Information

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2026. The company operates in a single segment of Gaming Software and maintains its paid-up equity share capital at ₹2,232.22 lakhs with a face value of ₹10 per share. The results have been made available on the company's website and will be accessible on BSE Limited's website for shareholders and investors.