Disha Resources Limited (DRL) has announced a significant move to raise capital through a preferential allotment of equity share warrants. The company's board of directors has approved the issuance of up to 75 lakh equity share warrants, aiming to raise INR 18.75 crores.

Key Details of the Preferential Issue

• Issue Size: Up to 75,00,000 equity share warrants
• Issue Price: INR 25 per warrant
• Total Fundraise: Up to INR 18.75 crores
• Conversion Ratio: Each warrant is convertible into one equity share
• Conversion Period: Within 18 months from the date of allotment

Payment Structure and Conditions

The preferential issue comes with a structured payment plan for investors:

• Upfront Payment: 25% of the total issue price
• Balance Payment: 75% to be paid before conversion of warrants into equity shares
• Forfeiture Clause: If the balance is not paid within the maximum tenure, the amount paid on the warrants will be forfeited

Allocation Details

The preferential allotment will be distributed among 11 specified investors. Here's a breakdown of the top allocations:

Regulatory Compliance and Next Steps

The proposed preferential issue is subject to shareholder approval and complies with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. DRL has confirmed that none of the allottees have sold or transferred any shares in the 90 trading days preceding the relevant date, adhering to regulatory requirements.

Board Meeting Details

The decision was made during a board meeting held on August 26, which commenced at 4:00 p.m. and concluded at 04:50 p.m. The company has duly informed the BSE Limited of this development, in line with its obligations as a listed entity.

This capital raising initiative through preferential allotment of warrants represents a strategic move by Disha Resources Limited to strengthen its financial position. The successful conversion of these warrants into equity shares within the stipulated 18-month period could potentially lead to a significant infusion of funds for the company's growth and operational needs.

Disha Resources Limited has announced a crucial Board of Directors meeting scheduled for August 14, 2025, to address key financial and corporate matters. The meeting, set to commence at 12:00 p.m., will focus on two primary agenda items that are significant for the company's shareholders and potential investors.

Q1 FY2026 Financial Results

The board will convene to consider and approve the standalone unaudited financial results for the first quarter ended June 30, 2025. This review of the company's financial performance for the initial quarter of the fiscal year 2025-26 provides valuable insights into Disha Resources' financial health and operational performance.

30th Annual General Meeting Notice

In addition to the quarterly results, the board will also deliberate on the notice for the company's 30th Annual General Meeting (AGM). The agenda includes items seeking shareholder approval for fund-raising initiatives, particularly the issuance of warrants on a preferential basis. This could potentially impact the company's capital structure and funding capabilities.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, Disha Resources has implemented a trading window closure. The trading window for the company's securities has been closed since July 1, 2025, as part of standard procedures to prevent insider trading ahead of financial result announcements. The company has stated that the trading window will reopen 48 hours after the declaration of the quarterly financial results.

Corporate Information

Disha Resources Limited, with its registered office in Ahmedabad, operates under the CIN L74110GJ1995PLC024869. Investors and stakeholders can find more information about the company on its website www.disharesourcesltd.com or contact the company directly at disharesourceslimited@gmail.com .

The upcoming board meeting and its outcomes are likely to be of significant interest to shareholders and market watchers, as they may provide important indicators of the company's financial position and future strategic direction.