JHS Svendgaard Laboratories Ltd. — Capital/Financing Update 2024

Jun 4, 2024

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CIN : L74110HP2004LC027558

Date: June 04,2024

To, The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

The Manager, Listing Department, National Stock Exchange of India Limited

Exchange Plaza Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Scrip Code: 532771

Symbol: JHS

Subject : Outcome of Meeting of Board of Directors of JHS Svendgaard Laboratories Limited in accordance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Dear Sir/Ma’am,

With reference to the captioned subject and in terms of the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time ( “SEBI Listing Regulations, 2015” ), we wish to inform that the Board of Directors of JHS Svendgaard Laboratories Limited ( “the Company” ) at their meeting held today i.e., Tuesday, June 04, 2024 , has, inter alia, considered and approved the following:

1. Issue and allot Equity Shares of Face Value of Rs.10/- (Rupees Ten Only) each, on preferential basis, to person(s) belonging to the Non-Promoter Category, aggregating up to Rs.20,00,00,000 (Rupees Twenty Crore Only), at such issue price as may be determined by the Board/ Committee of Directors in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and applicable provisions of Companies Act, 2013 and rules made thereunder for cash. The names of the proposed allottees are mentioned below:

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CIN : L74110HP2004LC027558

S. No.	Name of the Proposed Allottee	Category	Amount in Rupees (upto)
1.	M/s Puran Associates Private Limited	Non- Promoter	5,00,00,000/-
2.	M/s Milky Investment and Trading Company	Non- Promoter	5,00,00,000/-
3.	M/s M.B. Finmart Private Limited	Non- Promoter	5,00,00,000/-
4.	M/s VIC Enterprises Private Limited	Non- Promoter	5,00,00,000/-

1. Issue and allotment of Fully Convertible Warrants (“Warrants”), to person(s) belonging to the Promoter & Promoter Group Category and Non-Promoter Category, on a preferential basis, aggregating upto Rs. 10,00,00,000 (Rupees Ten Crores Only), at such issue price as may be determined by the Board/ Committee of Directors in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and applicable provisions of Companies Act, 2013 and rules made thereunder for cash, carrying a right exercisable by the warrant holder to subscribe to one Equity share per warrant, to be converted at the option of the warrant holder in one or more tranches within 18 months from the date of allotment into the equivalent number of fully paid-up equity shares of the face value of Rs. 10/- (Rupees Ten Only) each, subject to the approval of shareholders. The names of the proposed allottees are mentioned below:

S. No.	Name of the Proposed Allottee	Category	Amount in Rupees (upto)
1.	Nikhil Nanda	Promoter	5,00,00,000/-
2.	Coeus Global Opportunities Fund	Non- Promoter	5,00,00,000/-

Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, with respect to this Preferential Issue is enclosed as Annexure A .

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CIN : L74110HP2004LC027558

1. The Board, in the aforesaid connection, approved the issue of Notice for convening an Extra Ordinary General Meeting (“EGM”) of the Shareholders of the Company to be held on July 04,2024 to seek necessary approval of the Shareholders for the proposed Preferential Issue.

Any further information in this connection will be submitted with the exchange in due course.

The meeting of Board of Directors commenced at 1:00 PM and concluded at 4.10 PM.

The above information is also available on the website of company at www.svendgaard.com.

You are requested to kindly take the same on your record. Thanking You,

Yours Faithfully, For JHS Svendgaard Laboratories Limited

Digitally signed by KOMAL JHA KOMAL JHA Date: 2024.06.04 16:22:37 +05'30'

Komal Jha Company Secretary and Compliance Officer

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CIN : L74110HP2004LC027558

Annexure-A

Details on Preferential allotment in terms of SEBI Circular SEBI/HO/CFD/CFDPoD 1/P/CIR/2023/123 dated July 13, 2023:

Sr. No.	Particulars of Securities		Details of Securities	Details of Securities	Details of Securities	Details of Securities	Details of Securities	Details of Securities
1	Type of Securities proposed to be issued		Equity Shares				Fully Convertible Warrants (“Warrants”)
2	Type of Issuance		Preferential Issue				Preferential Issue
3	Total number of Securities proposed to be issued or the total amount for which the Securities will be issued		Issue of Equity Shares for an aggregate amount of Rs. 20,00,00,000/-				Issue of Warrants for an aggregate amount of upto Rs. 10,00,00,000/-
4	Names of the Investor		Sr. No.	Name of Investor				Name of Investor Mr. Nikhil Nanda Coeus Global Opportunities Fund
			1	M/S Puran Associates Private Limited
							Sr. No.	Name of Investor
			2	M/S Milky Investment and Trading Company			1	Mr. Nikhil Nanda
							2	Coeus Global Opportunities Fund
			3	M/S M.B. Finmart Pvt. Ltd.
			4	M/S VIC Enterprises Pvt. Ltd.
5	Issue Price		At such issue price as may be determined by the Board in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as an when complete price data is available post-closing of trading on stock exchange on Relevant Date (i.e. June 04, 2024)
6	In case of convertibles,		Not Applicable			Each Warrant is convertible into 1 Equity

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CIN : L74110HP2004LC027558
Intimation on Share and the conversion
conversion of can be exercised at any
securities or on lapse time within a period of 18
of the tenure of the months from the date of
instrument. allotment, in one or more
tranches, as the case may
be and on such other
terms and conditions as
applicable.
Nature of
Consideration
7 (Whether cash or Cash Cash
consideration other
than cash)
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For JHS Svendgaard Laboratories Limited

KOMAL Digitally signed by KOMAL JHA JHA Date: 2024.06.04 16:23:20 +05'30'

Komal Jha

Company Secretary and Compliance Officer

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