Transvoy Logistics India Limited has made a significant move in the capital markets by approving the allotment of 35,86,960 fully convertible warrants at Rs 100 per warrant. This decision, which involves both promoters and public investors, marks a notable development for the company's financial structure.

Key Details of the Allotment

Terms of the Warrant Issue

The company has structured the warrant issue with specific terms:

• Each warrant is convertible into one equity share with a face value of Rs 10.
• The company has received 25% of the issue price (Rs 25 per warrant) as an upfront payment.
• The remaining 75% (Rs 75 per warrant) is payable within 18 months for conversion into equity shares.

Regulatory Approvals and Timeline

The allotment follows a series of approvals:

• Board approval on August 18, 2025
• Shareholder approval at the Annual General Meeting on September 11, 2025
• BSE's in-principle approval on October 7, 2025
• Final board resolution passed on October 16, 2025

Investor Participation

The allotment includes a mix of promoter and public investors. Notably, the largest allotment to a single public investor is 12,50,000 warrants to Aumit Capital Advisors Limited, while promoters Ravindrakumar Kumarchandra Joshi and Naitik Ravindrakumar Joshi have been allotted 2,93,480 warrants each.

Regulatory Compliance

The warrants are subject to lock-in provisions in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

This move by Transvoy Logistics India Limited represents a significant capital raising exercise, potentially strengthening the company's financial position and providing resources for future growth initiatives. Investors and market watchers will likely keep a close eye on how the company utilizes these funds and the eventual conversion of these warrants into equity shares.

Transvoy Logistics India Ltd , a player in the EXIM logistics sector, has announced significant strategic moves aimed at strengthening its financial position and fueling growth. The company's board of directors, in a meeting held on August 18, 2025, approved several key decisions that could reshape its capital structure and ownership landscape.

Authorized Share Capital Increase

The board has given the green light to increase the company's authorized share capital from Rs 4.50 crore to Rs 6.50 crore. This expansion will be achieved by creating an additional 20 lakh equity shares, each with a face value of Rs 10. The move is designed to provide Transvoy Logistics with greater flexibility for future fundraising initiatives and potential expansion plans.

Convertible Warrants Issue

In a bid to raise approximately Rs 35.87 crore, Transvoy Logistics plans to issue up to 35,86,960 convertible warrants on a preferential basis. These warrants, priced at Rs 100 each (including a premium of Rs 90), will be offered to 19 investors. The warrants will be convertible into an equal number of equity shares within an 18-month period from the date of allotment.

Key details of the warrant issue include:

• Issue price: Rs 100 per warrant
• Conversion ratio: 1 warrant : 1 equity share
• Conversion period: 18 months from allotment
• Payment terms: 25% upfront, 75% upon exercise

Investor Allocation and Shareholding Impact

The warrant issue will introduce new investors and alter the shareholding pattern of the company. Notable allocations include:

Post-issue, assuming full conversion of warrants, Ravindrakumar Kumarchandra Joshi's shareholding is expected to decrease from 26.31% to 15.91%, while Naitik Ravindrakumar Joshi's stake would reduce from 22.06% to 14.09%.

Annual General Meeting and Other Approvals

The board has scheduled the 10th Annual General Meeting (AGM) for September 11, 2025, to be held via video conferencing. The Register of Members and Share Transfer Books will remain closed from September 4 to September 11, 2025, for AGM purposes.

All these proposals, including the increase in authorized share capital and the issuance of convertible warrants, are subject to shareholder approval at the upcoming AGM.

Transvoy Logistics' move to raise funds through convertible warrants and increase its authorized capital signals the company's intent to strengthen its financial position and potentially fund future growth initiatives in the competitive EXIM logistics sector.