Encompass Design India Board Approves Preferential Issue of Up To 38 Lakh Shares Worth Rs 95 Crore
Encompass Design India Limited announced that its Board of Directors has approved a significant fund-raising initiative through a preferential issue of equity shares. The decision was made during a Board meeting held on July 22, 2026.The company approved the issuance of up to 38,10,000 Equity Shares of face value Rs 10 each at an issue price of Rs 250 per share. This preferential issue is designated for consideration in cash and targets both Promoter and Non-Promoter categories. The total aggregate value of the securities proposed for issuance amounts to Rs 95,25,00,000 (Ninety-Five Crores Twenty-Five Lakh Only).
In addition to approving the fund raising, the Board meeting also considered other key corporate matters. The directors approved the notice and decided the details for an upcoming Extra-Ordinary General Meeting (EGM) of 2026-27. Furthermore, Mr Shanu Bhagwandas Mata, a Practicing Company Secretary, was appointed as the Scrutinizer for E-voting facilities related to the company's EGM.
Investor Allocation Details
The preferential allotment is open to various investors spanning both promoter and non-promoter categories. The company confirmed that all 38,10,000 shares were allocated across 22 named individuals or entities.A summary of the allocation of shares across the categories and investors includes:
| Investor Name | Category | Shares Allocated |
|---|---|---|
| Aikyata Advisory LLP | Non-Promoter | 10,00,000 |
| Krunal Parmar | Non-Promoter | 9,80,000 |
| Saint Capital Fund | Non-Promoter | 2,00,000 |
| M7 Global Fund PCC - Cell Dewcap Fund | Non-Promoter | 5,60,000 |
| Amit Rajendraprasad Dalmia | Promoter/ Promoter Group | 4,00,000 |
| Susmita Amit Dalmia | Promoter/ Promoter Group | 3,52,000 |
| Yogendra Vashishta | Promoter/ Promoter Group | 40,000 |
| Tarak Amrutlal Nagda | Non-Promoter | 40,000 |
| Rajendra Prasad Dalmia | Promoter/ Promoter Group | 40,000 |
| Kusum Rajendra Dalmia | Promoter/ Promoter Group | 40,000 |
Post Allotment Results
The company provided detailed results regarding the post-allotment subscription for its key investors. The following table outlines the shareholding of selected parties before and after the preferential allotment:| Investor Name | Pre-Preferential Holding | Post Preferential Allocation |
|---|---|---|
| Amit Rajendraprasad Dalmia | 72,59,281 | 76,59,281 |
| Susmita Amit Dalmia | 2,00,598 | 5,52,598 |
| Yogendra Vashishta | 4,49,962 | 4,89,962 |
| Ruman Kailash Agarwal | 4,49,935 | 4,59,935 |
ENCOMPAS Stock Price Movement
On Wednesday, Encompass Design India Limited shares edged higher by 0.41% to settle at ₹231.15. The stock saw a total traded volume of 26,800 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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