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Our intensity,

Your agility.

Ref: ITL/SE/2022-23/45
Date: February 22, 2023

To,

The Manager, The Manager


Corporate Relation Department Listing Department
Bombay Stock Exchange Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5 Floor; Plot No. C/1
Dalal Street, Fort G Block, Bandra Kurla Complex, Bandra (East),
Mumbai —- 400001. Mumbai — 400051

BSE Scrip Code: 532326 Symbol: NSE —- INTENTECH;

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India
(Listing obligations and Disclosure Requirements) Regulations, 2015

Ref: Conversion of Warrants and Allotment of Equity Shares.

Dear Sir / Madam,

This is in furtherance to our letter dated May 18, 2021, pursuant to Regulation 30 of the
Securities and Exchange Board of India (Listing obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their
meeting held today i.e. February 22, 2023, considered and approved the allotment of 10,00,000
Equity Shares at a price of Rs. 2/- each fully paid up of the Company at an issue price of
Rs. 36.93 per share (including premium of Rs. 34.93 per share) to Promoter and Non-Promoter,
on preferential basis pursuant to the exercise of options attached to the Warrants allotted on
May 18, 2021 and upon the receipt of balance 75% of the subscription money.

Accordingly, pursuant to the allotment, the paid-up equity share capital of the Company has
increased from Rs.4,49,13,898 /- divided into 22,456,949 equity shares face value of Rs.2/-
each to Rs. 4,69,13,898/- divided into 23,456,949 equity shares face value of Rs.2/- each.

In this connection, we enclose the details as required under SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Circular’ No.
CIR/CFD/CMD/4/2015 dated September 9, 2015. The above information is being made
available on the website of the company at www.in10stech.com.

Kindly take the above information on record and acknowledge.

Thanking you,
Yours Faithfully,

For Intense Technologies Limited

KRISHNA
Digitally signed by KRISHNA SHASTRI CHIDELLA
DN: c=IN, st=Telangana,
2.5.4.20=c4f0f13956255fdf9a20e28adcff6bc87dc
099068c6935777bf1ef4cd107baa3,

SHASTRI
postalCode=500015, street=Hyderabad,
pseudonym=fbe1395ed7a15d92358daf596dad2
0c6,
serialNumber=bb68ff3687a4f32038dc5529e7e6a

CHIDELLA
949872701af339bf4cbe36a25616baaa992,
o=Personal, cn=KRISHNA SHASTRI CHIDELLA
Date: 2023.02.22 12:44:37 +05'30'

Chidella Krishna Shastri


(DIN: 00329398)
Managing Director

Intense Technologies Limited


Al, Vikrampuri, Secunderabad - 500 009.
a i Telangana, India
Nn S T: +9140 44558585 F: +91 40 27819040
E: info@inlOstech.com
CIN - L30007TGI990PLCONISIO
Our Global Offices ; Dubai| Florida | London | Singapore

www.inlOstech.com
Our intensity,
Your agility.

Disclosure under SEBI (Listing Obligations and Disclosure Requirements) Regulations,


2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 -
Conversion of Warrants and Allotment of Equity Shares

Particulars Details
Type of securities proposed to be issued Equity shares issued upon exercise of the
(viz. equity shares, convertibles etc.) warrants outstanding

Type of issuance (further public offering, Equity shares issued upon exercise of the
rights issue, depository receipts Warrants which were issued by way of a
(ADR/ GDR), qualified institutions preferential allotment
placement, preferential allotment etc.)
Total number of securities proposed to be Total no. of Securities: 10,00,000 Equity
issued or the total amount for which the shares of Rs.2/- each fully paid up at the
securities will be issued (approximately); ratio of 1:1 - One Equity share for every
warrant exercised.

Names of the investor; Chidella Krishna Shastri


Usha Rani Padmasola

Post allotment of securities - outcome of Allotment of 10,00,000 Equity shares of


the subscription, issue price / allotted Rs.2/- each fully paid up at the ratio of 1:1
price (in case of convertibles), number of - One Equity share for every warrant
investors; exercised, to Chidella Krishna Shastri
(8,00,000) & Usha Rani Padmasola
(2,00,000).

In case of convertibles - intimation on Exercise of 10,00,000 warrants into


conversion of securities or on lapse of the 10,00,000 fully paid-up equity shares of
tenure of the instrument; Rs.2/- each

For Intense Technologies Limited

KRISHNA Digitally signed by KRISHNA SHASTRI CHIDELLA


DN: c=IN, st=Telangana,
2.5.4.20=c4f0f13956255fdf9a20e28adcff6bc87dc099

SHASTRI
068c6935777bf1ef4cd107baa3, postalCode=500015,
street=Hyderabad,
pseudonym=fbe1395ed7a15d92358daf596dad20c6,
serialNumber=bb68ff3687a4f32038dc5529e7e6a949

CHIDELLA
872701af339bf4cbe36a25616baaa992, o=Personal,
cn=KRISHNA SHASTRI CHIDELLA
Date: 2023.02.22 12:45:46 +05'30'

Chidella Krishna Shastri


(DIN: 00329398)
Managing Director

Inlos”
Intense Technologies Limited
Al, Vikrampuri, Secunderabad - 500 009.
Telangana, India
+9] 40 44558585 F : +91 40 27819040
E: info@inlOstech.com CIN - L30007TGI990PLCONISIO
Our Global Offices Dubai| Florida | La ndon | Singapore

www.iniOstech.com
Magnum Ventures Limited
CIN: L21093DL1980PLC010492
Registered Office: HNO-MN01, Hub and Oak, E-14, Lower Ground Floor, Defence Colony,
New Delhi-110024 Phone: +91-11-42420015
E-mail: info@magnumventures.in Website: www.magnumventures.in

Date: 22nd February, 2023


Department of Corporate Services Department of Corporate Communications
BSE Limited National Stock Exchange India Limited
Phiroj JeeJeeboy Tower, Exchange Plaza, Bandra-Kurla Complex
Dalal Street, Fort Bandra(E)
Mumbai-400001 Mumbai-400 051

Ref: Scrip Code BSE: 532896 NSE: MAGNUM

Dear Sirs,

Sub: Outcome of the Meeting of the Board of Directors held on 22nd February, 2023

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with Schedule III, we wish to inform you that the
Board of Directors at its meeting held today, i.e., on 22nd February 2023, at Country Inn & Suites by
Radisson, 64/6, Site-IV, Industrial Area, Sahibabad, Ghaziabad, U.P. 201010 inter alia, considered and
approved the following:

“ISSUE AND ALLOTMENT OF EQUITY SHARES UPON CONVERSION OF WARRANTS”

This is in furtherance to the intimation given by the Company on 18 February 2023.

This is to inform you that pursuant to the approval of the Board of Directors of the Company at its
meeting held on 22nd February 2023 and upon receipt of the remaining exercise price of Rs. 18.75 per
warrant (being 75% of the Warrant Issue Price of Rs. 25/-) the amount aggregating to Rs. 8,43,75,000
(Rupees Eight Crores Forty-Three Lakhs Seventy-Five Thousand Only) and warrant excise application
forms from the 4 (Four) Warrant-holders in respect of 45,00,000 (Forty-Five Lakhs) warrants, the Board
of Directors of the Company, considered and approved the allotment of 45,00,000 (Forty-Five Lakhs)
Equity Shares upon conversion of warrants at a price of Rs. 25.00/- (Rupees Twenty-Five only) each
(including premium of Rs. 15/- each), aggregating Rs. 11,25,00,000/- (Rupees Eleven Crores Twenty-Five
Lakhs Only).

The allotment has been made for cash and the equity shares allotted on exercise of the warrants, shall
rank pari-passu in all respects with the existing equity shares. The allotment is made to the following
allottees:

S. No. Name of Allottee Number of Number of Number of


Warrants held Warrants Equity Shares
applied for allotted
Conversion

Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010
Ph: 0120-4199200
Magnum Ventures Limited
CIN: L21093DL1980PLC010492
Registered Office: HNO-MN01, Hub and Oak, E-14, Lower Ground Floor, Defence Colony,
New Delhi-110024 Phone: +91-11-42420015
E-mail: info@magnumventures.in Website: www.magnumventures.in

1 Mr. Parmod Kumar 44,37,500 11,25,000 11,25,000


Jain

2 Mr. Pradeep Kumar 44,37,500 11,25,000 11,25,000


Jain

3 Mr. Abhey Kumar Jain 44,37,500 11,25,000 11,25,000

4 Mr. Parv Jain 44,37,500 11,25,000 11,25,000

Further, the details regarding the issuance of securities as required pursuant to Schedule III of the SEBI
Listing Regulations read with the SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are
enclosed.

The Board Meeting was commenced at 12:15 PM and concluded at 12:40 PM.

The aforesaid intimation is also being hosted on the website of the Company www.magnumventures.in

You are requested to kindly take the same on record.

Thanking You,
For MAGNUM VENTURES LIMITED

AAINA
Digitally signed by AAINA GUPTA
DN: c=IN, o=PERSONAL,
pseudonym=f609f6aaebc74ab8be53ec3
36f633498,
2.5.4.20=39502001790b63c1622c5748b0
c3ff892c3f3997e1bed653927e1d2b0043

GUPTA
ae75, postalCode=202411, st=Uttar
Pradesh,
serialNumber=d5ef479d58fd2e6ab829c9
8a9d7a998b9d28dc2a60ee682e109344c
1811e0bc5, cn=AAINA GUPTA
Date: 2023.02.22 12:38:37 +05'30'

Aaina Gupta
Company Secretary cum Compliance Officer

Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010
Ph: 0120-4199200
Magnum Ventures Limited
CIN: L21093DL1980PLC010492
Registered Office: HNO-MN01, Hub and Oak, E-14, Lower Ground Floor, Defence Colony,
New Delhi-110024 Phone: +91-11-42420015
E-mail: info@magnumventures.in Website: www.magnumventures.in

Disclosure pursuant to Schedule III of Regulation 30 of SEBI Listing Regulations read with SEBI Circular
No. CIR/CFD/CMD/4/2015 dated September 9, 2015

S. Particulars of Disclosure Disclosure


No.
1. Type of securities proposed to Issue and Allotment of Equity Shares upon conversion of
be issued (viz. equity shares, Warrants.
convertibles etc.)

2. Type of issuance (further Equity Shares issued upon conversion of Warrants.


public offering, rights issue,
depository receipts
(ADR/GDR), qualified
institutions placement,
preferential allotment etc.)

3. Total number of securities Issue and Allotment of 45,00,000 (Forty-Five Lakhs) Equity
proposed to be issued or the Shares upon conversion of 45,00,000 (Forty-Five Lakhs)
total amount for which Warrants, at a price of ₹ 25/- (Rupees Twenty-Five Only)
the securities will be issued (including a premium of Rs. 15/- (Rupees Fifteen Only))
(approximately) aggregating Rs. 11,25,00,000/- (Rupees Eleven Crores Twenty-
Five Lakhs Only).

One Equity share for One warrant.


4. In case of preferential issue
the listed entity shall disclose
the following additional details
to the stock exchange(s)

i. names of the investors; Names of the investors-


A. Parmod Kumar Jain
B. Pardeep Kumar Jain
C. Abhey Kumar Jain
D. Parv Jain

ii. post allotment of securities Outcome of Allotment


Sr. Names Pre- Present Post
outcome of the subscription, No. preferential issue of preferential
issue price / allotted price (in holding (%) Equity holding (%)
case of convertibles), number Shares
of investors; upon

Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010
Ph: 0120-4199200
Magnum Ventures Limited
CIN: L21093DL1980PLC010492
Registered Office: HNO-MN01, Hub and Oak, E-14, Lower Ground Floor, Defence Colony,
New Delhi-110024 Phone: +91-11-42420015
E-mail: info@magnumventures.in Website: www.magnumventures.in

Conversion
of
Warrants
1. Parmod 2,00,150 11,25,000 13,25,150
Kumar (0.53) (3.15)
Jain
2. Pardeep 2,00,650 11,25,000 13,25,650
Kumar (0.53) (3.15)
Jain
3. Abhey 3,02,600 11,25,000 14,27,600
Kumar (0.80) (3.39)
Jain
4. Parv Nil 11,25,000 11,25,000
Jain (0.00) (2.67)

Number of investors- Four


A. Parmod Kumar Jain
B. Pardeep Kumar Jain
C. Abhey Kumar Jain
D. Parv Jain

Issue Price: ₹25 (Rupees Twenty Five Only)

The remaining 75% (Seventy Five percent) of per share


Warrant Price was received by the Company upon exercise of
the option attached to the relevant Warrant.

iii. in case of convertibles- Equity Shares issued upon conversion of Warrants.


intimation on conversion of
securities or on lapse of the
tenure of the instrument

5. Any cancellation or termination Not Applicable


of proposal for issuance of
securities Including reasons
thereof
6. Lock-In The Resulting Equity Shares shall be subject to ‘lock-in’ as
prescribed under the applicable provisions of the Securities
and Exchange Board of India (Issue of Capital and Disclosure
Requirements) Regulations, 2018.

Corporate Office: 18/41, Site IV, Industrial Area, Sahibabad, Ghaziabad (U.P) 201010
Ph: 0120-4199200

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