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Niraj Cement Structurals Limited Capital/Financing Update 2025

Jan 1, 2025

63425_rns_2025-01-01_0ce73d62-17df-445e-b2e8-2b3a49ba1d98.pdf

Capital/Financing Update

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Dated: 01[st] January, 2025

To,

The Corporate Relations Department.
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai-400001
Script Code: 532986
National Stock Exchange of India Limited
Exchange Plaza
Bandra Kurla Complex,
Bandra East
Mumbai 400 051
Script Symbol : NIRAJ

Dear Sir/Madam,

Sub: Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for allotment of 52,36,040 Equity Shares and Allotment of 1,12,20,000 warrants.

Pursuant to Regulation 30 read with Part A Para A of Schedule III to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and in continuation to our intimation dated September 13, 2024 and October 10, 2024 regarding approval of issue of equity shares and fully convertible warrants through preferential issue on private placement basis, we wish to inform you that, the Board of Directors of Niraj Cement Structurals Limited (“the Company”) by way of circular resolution passed today i.e. Wednesday, January 01, 2025, has duly approved the following matters.

  1. Allotment of 52,36,040 (Fifty Two Lakhs Thirty Six Thousand and Forty) fully paid up Equity Shares of Rs. 10/- (Rupees Ten Only) each, in accordance with the provisions of Chapter V of the SEBI ICDR Regulations, and applicable provisions of the Companies Act, 2013 and rules made thereunder, at a price of Rs. 53/- (including premium of Rs. 43/-) per Equity Share, on preferential and private placement basis to the allottees falling under non promoter group. The details of the allottees are given below as Annexure I .

The disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular on Continuous Disclosure (SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023), regarding the issue of equity shares on a preferential basis is enclosed as Annexure-II .

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  1. Allotment of 1,12,20,000 Fully Convertible Warrants (“Warrants/Convertible Warrants”) on a Preferential and Private Placement basis, in accordance with the provisions of Chapter V of the SEBI ICDR Regulations, and applicable provisions of the Companies Act, 2013 and rules made thereunder, at a price of Rs. 53/- (including premium of Rs. 43/-) per Equity Share, on preferential and private placement basis to the allottees falling under promoter and non promoter group. The details of the allottees are given below as Annexure III .

The disclosure as required under Regulation 30 of the Listing Regulations read with SEBI Circular on Continuous Disclosure (SEBI Circular SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023), regarding the issue of equity shares on a preferential basis is enclosed as Annexure-IV .

These Equity Shares shall rank pari-passu, in all respects with existing Equity Shares of the Company. The Company has received in-principal approval from BSE Limited and National Stock Exchange of India Limited (“Stock Exchanges”), for issue of the aforesaid Equity Shares on Preferential basis on December 16, 2024 and December 17, 2024 respectively. The application for listing and trading approval of the Stock Exchanges for the Equity Shares allotted as above will be made in due course, in compliance with the SEBI ICDR Regulations and the SEBI Listing Regulations. Consequent upon the above allotment, the paid-up equity share capital of the Company stands increased as follows:

Particulars No of Equity Shares Amount (in Rs.)
Existing paid-up share capital 4,32,38,300 43,23,83,000
Post Allotment paid up share
capital
4,84,74,340 48,47,43,400

We request you to kindly take the above intimation on your records and treat this as a compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Thanking you,

Yours Faithfully,

For Niraj Cement Structurals Limited

ANIL Digitally signed by ANIL ANANT ANANT JHA Date: 2025.01.01 JHA 22:32:38 +05'30'

Anil Anant Jha Company Secretary & Compliance Officer ACS: 66063

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Annexure I

Sr.
No
Name of Proposed Allottees Category No. of Equity
Shares allotted
Consideration
Received
(In INR.)
1 Ankur Sood HUF Non-
Promoter
25,000 13,25,000/-
2 Sachin Agarwal Non-
Promoter
22,500 11,92,500/-
3 Neha Agrawal Non-
Promoter
55,000 29,15,000/-
4 Patni Auto Services LLP Non-
Promoter
1,00,000 53,00,000/-
5 Kinchit Sunilkumar Mehta Non-
Promoter
35,000 18,55,000/-
6 Manish Khandelwal Non-
Promoter
50,000 26,50,000/-
7 Arun Singhania Non-
Promoter
50,000 26,50,000/-
8 Preeti Bhauka Non-
Promoter
1,00,000 53,00,000/-
9 Shannon Advisors Private
Limited
Non-
Promoter
50,000 26,50,000/-
10 Deepak Tayal Non-
Promoter
99,000 52,47,000/-
11 Divine Comex Enterprises
Private Limited
Non-
Promoter
3,00,000 1,59,00,000/-
12 Rahul Subhashchandra Taptiya Non-
Promoter
35,000 18,55,000/-
13 Rajesh Ballabhdas Kalani Non-
Promoter
35,000 18,55,000/-
14 Sarita Rajesh Kalani Non-
Promoter
30,000 15,90,000/-
15 Kapish Jain Non-
Promoter
1,00,000 53,00,000/-

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16 Niharika Malhotra Non-
Promoter
20,000 10,60,000/-
17 Manju Shroff Non-
Promoter
20,000 10,60,000/-
18 Divine Fund 1 Non-
Promoter
3,77,000 1,99,81,000/-
19 Spandan Business Private
Limited
Non-
Promoter
1,00,000 53,00,000/-
20 Devendra Kumar Goyal Non-
Promoter
22,500 11,92,500/-
21 Sandeep Bansal Non-
Promoter
40,000 21,20,000/-
22 Shyam Sunder Sharma (HUF) Non-
Promoter
25,000 13,25,000/-
23 Pradeep Nandal Non-
Promoter
75,000 39,75,000/-
24 Shubh Garg Non-
Promoter
75,000 39,75,000/-
25 Rakesh Laroia Non-
Promoter
2,00,000 1,06,00,000/-
26 3 Dimension Capital Services
Limited
Non-
Promoter
4,00,000 2,12,00,000/-
27 Rajesh Garg Non-
Promoter
50,000 26,50,000/-
28 Mukti Sudhir Gosar Non-
Promoter
47,000 24,91,000/-
29 Noida Holding Private Limited Non-
Promoter
25,000 13,25,000/-
30 SBJ Management Services
Private Limited
Non-
Promoter
2,45,509 1,30,11,977/-
31 Preeti Agarwal Non-
Promoter
2,00,000 1,06,00,000/-
32 Gaurav Kapoor Non-
Promoter
1,00,000 53,00,000/-
33 Amit Dangi Non-
Promoter
38,000 20,14,000/-

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34 Badjate Stock & Shares Private
Limited
Non-
Promoter
1,00,000 53,00,000/-
35 Anuj Shantilal Badjate Non-
Promoter
15,61,000 8,27,33,000/-
36 Anish Bansal Non-
Promoter
1,00,000 53,00,000/-
37 Aastha Hitesh Bhansali Non-
Promoter
36,271 19,22,363/-
38 Kapil Singal Non-
Promoter
18,867 9,99,951/-
39 Anil Kumar Rawal Non-
Promoter
10,000 5,30,000/-
40 Gagan Jindal Non-
Promoter
11,320 5,99,960/-
41 Garima Rawal Non-
Promoter
10,000 5,30,000/-
42 Satish Agarwal Non-
Promoter
18,867 9,99,951/-
43 Shweta Prashar Non-
Promoter
10,000 5,30,000/-
44 WCA Services Private Limited Non-
Promoter
94,339 49,99,967/-
45 Monika Gupta Non-
Promoter
18,867 9,99,951/-
46 Rajeev Mehta Non-
Promoter
1,00,000 53,00,000/-
Total 52,36,040 **27,75,10,120/- **

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Annexure II

Disclosures in terms of Regulation 30 of the Listing Regulations read with the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in respect of Allotment of equity shares of the Company:

Sr.
No.
Particulars Details
A Type of securities proposed to be issued (viz. equity
shares, convertibles, etc.)
Equity Shares
B Type of issuance (further public offering, rights issue,
depository receipts (ADR/GDR), qualified institutions
placement, preferential allotment etc.)
Preferential Allotment
C Total number of securities proposed to be issued or the
total amount for which the securities will be issued
(approximately).
52,36,040
Additional Details Applicable for Preferential Issue:
D Names of the investors As perAnnexure – I attach
aforesaid.
E Issue Price Rs. 53
F Number of Investors 46

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Annexure III

Sr.
No.
Name
of
Proposed
Allottee(s)
Category No.
of
Fully
Convertible
Warrants (Equity
Shares) allotted
Consideration
received (Being the
25% of Total
Consideration)
(Amount Rs.)
1 Gulshan V Chopra Promoter 12,80,000 1,69,60,000/-
2 Pooja Gulshan Chopra Promoter 12,80,000 1,69,60,000/-
3 Aishwarya
Gulshan
Chopra
Promoter 12,80,000 1,69,60,000/-
4 Siddhant Gulshan Chopra Promoter 12,80,000 1,69,60,000/-
5 Vinaykumar
Rajkumar
Ghuwalewala
Non-
Promoter
1,00,000 13,25,000/-
6 Nandini Madan Non-
Promoter
4,00,000 53,00,000/-
7 Chem Logistics & Infra
Private Limited
Non-
Promoter
28,00,000 3,71,00,000/-
8 Bylan-Niraj Infra Projects
Private Limited
Non-
Promoter
28,00,000 3,71,00,000/-
Total 1,12,20,000 **14,86,65,000/- **

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Annexure IV

Disclosures in terms of Regulation 30 of the Listing Regulations read with the SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in respect of Allotment of equity shares of the Company:

Sr.
No.
Particulars Details
A Type of securities proposed to be issued (viz. equity
shares, convertibles, etc.)
Convertible Warrants
B Type of issuance (further public offering, rights issue,
depository receipts (ADR/GDR), qualified institutions
placement, preferential allotment etc.)
Preferential Issue
C Total number of securities proposed to be issued or the
total amount for which the securities will be issued
(approximately).
Allotment of 1,12,20,000 Fully
Convertible
Warrants
(“Warrants/Convertible
Warrants”) on a Preferential
and Private Placement basis
Additional Details Applicable for Preferential Issue:
D Names of the investors As perAnnexure – III attach
**aforesaid. **
E Issue Price Rs. 53
An amount equivalent to 25%
of the price has been received
from the investors before the
said allotment.
F Number of Investors 8

For Niraj Cement Structurals Limited

ANIL Digitally signed by ANIL ANANT ANANT JHA Date: 2025.01.01 JHA 22:33:30 +05'30' Anil Anant Jha Company Secretary & Compliance Officer ACS: 66063

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