Neptune Logitek Limited Invests ₹6 Crores in OCRDs Using Internal Accruals

Neptune Logitek Limited has announced a strategic investment of ₹6.00 crores in Optionally Convertible Redeemable Debentures (OCRDs) across two Blithwill Group entities, funded entirely through internal accruals without utilizing any IPO proceeds.

Investment Details

The company has made targeted investments in two separate entities within the Blithwill Group through OCRD instruments. The investment structure demonstrates Neptune Logitek's strategic approach to deploying internal funds for growth opportunities.

Investment Details:	Amount
Blithwill Global Warehousing Private Limited OCRDs:	₹2.50 crores
Blithwill Global Infraventures Private Limited OCRDs:	₹3.50 crores
Total Investment:	₹6.00 crores

Funding Source and IPO Proceeds Status

Neptune Logitek emphasized that the entire investment amount was sourced from internal accruals, maintaining clear separation from IPO proceeds. The company specifically clarified that no funds from its Initial Public Offering were utilized for this investment.

The management confirmed that IPO proceeds remain dedicated exclusively to purposes and objectives specified in the company's prospectus. The utilization of IPO funds will be carried out in a disciplined manner, strictly adhering to prospectus guidelines.

Corporate Governance and Disclosure

The investment disclosure was filed under general disclosure requirements with the Bombay Stock Exchange on January 07, 2026. Managing Director Ankit Devidas Shah signed the disclosure, ensuring transparency in the company's investment activities and fund utilization practices.

This strategic investment in OCRDs reflects Neptune Logitek's approach to deploying internal resources while maintaining strict governance over IPO proceeds utilization as committed to shareholders.

Neptune Logitek Limited's promoter group has marginally increased their stake in the company through recent open market acquisitions. Reema Ankit Shah and Ankit Devidas Shah, who are persons acting in concert, acquired a total of 11,000 additional equity shares during the final days of December 2025.

Transaction Details

The acquisition involved strategic purchases by both promoters across two trading sessions:

Acquirer	Shares Acquired	Acquisition Dates
Ankit Devidas Shah	6,000 shares	1,000 shares on Dec 30, 2025; 5,000 shares on Dec 31, 2025
Reema Ankit Shah	5,000 shares	Dec 31, 2025
Total	11,000 shares	Dec 30-31, 2025

All transactions were executed through open market purchases on the Bombay Stock Exchange Limited's SME Emerge Platform, where Neptune Logitek's shares are listed.

Shareholding Pattern Changes

The acquisition resulted in a modest increase in the promoters' combined shareholding:

Shareholding Period	Ankit Devidas Shah	Reema Ankit Shah	Combined Holding
Before Acquisition	63,99,995 shares (46.72%)	36,00,000 shares (26.28%)	99,99,995 shares (73.00%)
After Acquisition	64,05,995 shares (46.76%)	36,05,000 shares (26.31%)	1,00,10,995 shares (73.07%)
Net Change	+6,000 shares (+0.04%)	+5,000 shares (+0.03%)	+11,000 shares (+0.07%)

Company Capital Structure

Neptune Logitek Limited's capital structure remained unchanged following these transactions:

Parameter	Details
Total Equity Shares	1,37,00,000 shares
Face Value per Share	₹10.00
Total Equity Capital	₹13.70 crores
Listing Platform	BSE SME Emerge Platform

The company's total voting capital and diluted share capital both stand at 1.37 crore equity shares valued at ₹13.70 crores. No encumbrances, voting rights other than shares, or convertible instruments are associated with the promoters' holdings.

Regulatory Compliance

This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoters filed the necessary documentation on January 1, 2026, from Ahmedabad, ensuring compliance with regulatory requirements for substantial acquisition disclosures. The transaction represents a routine increase in promoter shareholding through market-based acquisitions.