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ONE POINT ONE SOLUTIONS LIMITED — Capital/Financing Update 2023
Aug 24, 2023
62376_rns_2023-08-24_fb7dd9de-cae2-41c9-a15b-08272ed960d7.pdf
Capital/Financing Update
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To, The Manager - Listing Department,
Date: August 24, 2023
National Stock Exchange of India Limited, "Exchange Plaza", 5[th] Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051.
Company Symbol: ONEPOINT
Subject: Outcome of Board meeting held today i.e. on Thursday, August 24, 2023
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we hereby inform you that the Board of Directors of One Point One Solutions Limited ('the Company’) at their Meeting held today, i.e., Thursday, August 24, 2023 interalia considered and approved:
- Raising of funds through issue of 3,75,00,000 Share warrant of the face value of Rs. 2/- each (Rupees Two Only) to the promoter and non-promoter (as per Annexure A) on preferential basis in terms of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the “ICDR Regulations”) at price of upto Rs. 28.32/- [(Rupees Twenty Eight and Thirty Two Paise Only) including Premium of Rs. 26.32/- each (Rupees Twenty Six and Thirty Two Paise Only) per share (being the price not less than the minimum price determined with reference to the Relevant Date in accordance with Regulation 164 of the ICDR Regulations) aggregating upto maximum amount of Rs. 1,062,000,000 (Rs. One Hundred Six Crore Twenty Lakh Only), subject to the approval of regulatory/ statutory authorities and from the Shareholders of the Company at ensuing Annual General Meeting. (Refer Annexure – A).
The further details required to be disclosed pursuant to Regulation 30 of SEBI LODR Regulations is enclosed as Annexure – A1 & A2 to this letter.
-
Recommendation for Appointment of SIGMAC and CO. (FRN: 116351W) Chartered Accountants as Statutory Auditors of the Company for 5 years till the conclusion of 20[th] Annual General Meeting of the Company to be held in 2028.
-
Acceptance of resignation of Mr. Bharat Dighe (DIN 00203056) - Independent Director of the Company, with effect from close of business hours on 24[th] August 2023, due to health issues.
The details required under SEBI (LODR) Regulation, 2015 read with SEBI Circular No. CIR/CFD/ CMD /4/2015 dated September 09, 2015 is enclosed as ‘Annexure - B’ to this letter.
The meeting commenced at 11:30 am and concluded at 5:55 pm.
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in
Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703. Mumbai. Gurgaon. Indore. Banglore
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Kindly take the same on your records.
For One Point One Solutions Limited
PRITESH SANJAY Digitally signed by PRITESH SANJAY SONAWANE SONAWANE Date: 2023.08.24 18:06:04 +05'30'
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Pritesh Sonawane
Company Secretary & Compliance Officer ACS: 34943 Encl.: As above
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703.
Mumbai. Gurgaon. Indore. Banglore
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ANNEXURE - A
Disclosure pursuant to Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 and SEBI Circular No. CIR/ CFD/CMD/ 4/ 2015 dated September 09, 2015
Share Warrants - Preferential Issue
| S. No |
Particulars | ~~Details~~ |
|---|---|---|
| 1. | Types of securities proposed to be Issued |
~~Issue of upto 3,75,00,000 shares warrants of Rs.2/-~~ each on Preferential basis to the Promoter and non- promoters (Investors) |
| 2. | Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) |
Preferential Issue of shares warrants in accordance with the SEBI (ICDR) Regulation 2018 read with the Companies Act, 2013 and rules made thereunder |
| 3. | Total number of Securities proposed to be issued or the total amount for which the securities will be issued |
Issue of upto 3,75,00,000 shares warrants of Rs.2/- each on Preferential basis to the Promoter/Promoter group and non-promoters (Investors) at a price not being lower than the price determined in accordance with the Chapter V of SEBI ICDR Regulations, 2018 and other applicable regulations if any. |
| 4. | Issue Price | Issue price shall be the price not being lower than the price determined in accordance with the Chapter V of SEBI ICDR Regulations, 2018 and other applicable regulations if any. |
| 5. | In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): i. Names of the investors ii. Post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; iii. In case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument |
No. of Investors – Upto 61 For other details, please refer Table A1 & A2 The Warrants may be exercised by the Warrant holder, in one or more tranches, at any time on or before the expiry of 18 months from the date of allotment of the Warrants by issuing a written notice to the Company specifying the number of Warrants proposed to be exercised along with the aggregate amount payable thereon. |
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703.
Mumbai. Gurgaon. Indore. Banglore
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TABLE A1
| PROMOTER CATEGORY | PROMOTER CATEGORY | |||
|---|---|---|---|---|
| Sr. No. |
Names of the Investors/ proposed Allottees |
Category (Promoter and Non-promoter) |
No. of Shares Warrants (Upto) Outcome of the subscription / Investment amount (INR) (Approx.) |
|
| 1 | AkshayChhabra | Promoter | 50,00,000 | 14,16,00,000 |
TABLE A2
NON-PROMOTER CATEGORY
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Sr. Names of the Investors/ proposed Category No. of Shares Outcome of the
No. Allottees (Promoter and Warrants (Upto) subscription /
Non-promoter) Investment
amount (INR)
(Approx.)
1 Tano Investment Opportunities Fund Non-promoter 1,20,00,000 33,98,40,000
2 Meenakshi Non-promoter 30,00,000 8,49,60,000
3 Ajay Murdia Non-promoter 15,00,000 4,24,80,000
4 Kushaal Saraf Non-promoter 10,00,000 2,83,20,000
5 Maurvi Associates Pvt Ltd Non-promoter 10,00,000 2,83,20,000
6 Adiraju Rajendra Prasad Non-promoter 5,00,000 1,41,60,000
7 Chhatisgarh Investments Limited Non-promoter 5,00,000 1,41,60,000
8 NVS Brokerage Private Limited Non-promoter 5,00,000 1,41,60,000
9 NVS Corporate Consultancy Services Pvt. Ltd. Non-promoter 5,00,000 1,41,60,000
10 Rajshri Karwa Non-promoter 5,00,000 1,41,60,000
11 Sarveswar Reddy Sanivarapu Non-promoter 5,00,000 1,41,60,000
12 Shyam Sunder Baheti Non-promoter 5,00,000 1,41,60,000
13 [Growfast Securities & Credit Limited] Non-promoter 4,00,000 1,13,28,000
14 [Wow Investments] Non-promoter 4,00,000 1,13,28,000
15 [Dilip Parikh] Non-promoter 3,00,000 84,96,000
16 [Nadir Ardeshir Modi] Non-promoter 3,00,000 84,96,000
17 [Nawaz Singhania] Non-promoter 3,00,000 84,96,000
18 [Pradip Surana] Non-promoter 3,00,000 84,96,000
19 [Raj Paul Narang & Sons] Non-promoter 3,00,000 84,96,000
20 [Rajat Arora] Non-promoter 3,00,000 84,96,000
21 [Sanjay Kumar] Non-promoter 3,00,000 84,96,000
22 Srilakshmi Vemulapalli Non-promoter 3,00,000 84,96,000
23 [Sureshchand Jain] Non-promoter 3,00,000 84,96,000
24 [Veena Dudeja] Non-promoter 3,00,000 84,96,000
25 Vikas Gupta Non-promoter 3,00,000 84,96,000
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ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703.
Mumbai. Gurgaon. Indore. Banglore
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26 Akash Tapadia Non-promoter 2,50,000 70,80,000
27 [Kavish Aggarwal] Non-promoter 2,50,000 70,80,000
28 Mamta Kukreja Non-promoter 2,50,000 70,80,000
29 [Mytash Financial Advisors Pvt. Ltd] Non-promoter 2,50,000 70,80,000
30 [Nirmal Kumar Agarwal] Non-promoter 2,50,000 70,80,000
31 Poonam Tapadia Non-promoter 2,50,000 70,80,000
32 [Sunita Garg] Non-promoter 2,50,000 70,80,000
33 [Vishnu Bhagwan Garg] Non-promoter 2,50,000 70,80,000
34 [Gautam Patel] Non-promoter 2,00,000 56,64,000
35 [Goshar Infra Projects Pvt. Ltd.] Non-promoter 2,00,000 56,64,000
36 Jagatsinh Thakor Non-promoter 2,00,000 56,64,000
37 Krishna Kabra Non-promoter 2,00,000 56,64,000
38 [Kshma Shah] Non-promoter 2,00,000 56,64,000
39 [Nalin Shah] Non-promoter 2,00,000 56,64,000
40 [Parishma Jain] Non-promoter 2,00,000 56,64,000
41 Prem Kumar Bajaj Non-promoter 2,00,000 56,64,000
42 Rushil Khakhar Non-promoter 2,00,000 56,64,000
43 [Sangeeta Venkatraman] Non-promoter 2,00,000 56,64,000
44 [Sharad Goel] Non-promoter 2,00,000 56,64,000
45 Sharada Kovuri Non-promoter 2,00,000 56,64,000
46 Subbarami Reddy Oruganti Non-promoter 2,00,000 56,64,000
47 Vemulapalli Raghu Non-promoter 2,00,000 56,64,000
48 [Dipak Raheja] Non-promoter 1,50,000 42,48,000
49 [GAR Infroproject Pvt. Ltd.] Non-promoter 1,50,000 42,48,000
50 [Hypotenuse Investment] Non-promoter 1,50,000 42,48,000
51 [Mukesh Kumar Jain] Non-promoter 1,50,000 42,48,000
52 [Swati Agarwal] Non-promoter 1,50,000 42,48,000
53 [Uday Ventures] Non-promoter 1,50,000 42,48,000
54 [Anahaita Nalin Shah] Non-promoter 1,00,000 28,32,000
55 [Jesal Shah] Non-promoter 1,00,000 28,32,000
56 Nedunuri Padma Non-promoter 1,00,000 28,32,000
57 Nishita Asawa Non-promoter 1,00,000 28,32,000
58 [Saloni Shah] Non-promoter 1,00,000 28,32,000
59 Siddhi Bhandari Non-promoter 1,00,000 28,32,000
60 [Ya][g][avandla Bharathi] Non-promoter 1,00,000 28,32,000
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ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703.
Mumbai. Gurgaon. Indore. Banglore
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ANNEXURE - B
The details required under SEBI (LODR) Regulation, 2015 read with SEBI Circular No. CIR/CFD/ CMD /4/2015 dated September 09, 2015
Details of Independent Directors resigned due to health issue as Independent Directors
| Sr. | Particulars | Details |
|---|---|---|
| 1 | Name of Director | Bharat Dighe |
| 2 | DIN | 00203056 |
| 3 | Position in the company | Non-Executive Independent Director |
| 4 | Reason resignation | Health Issues/current medical condition |
| 5 | Date of cessation | Close of Business hours on 24 August 2023 |
| 6 | Names of listed entities in which the resigning directors holds Directorships, indicating the category of Directorship and Membership of Board Committees, if any |
Nil |
ONE POINT ONE SOLUTIONS LIMITED
Corporate Office: C-42, TTC Industrial Area, MIDC, Village Pawane, Navi Mumbai, Maharashtra- 400 705. T. 022 6687 3800 F. 022 6687 3889 CIN: L74900MH2008PLC182869 website: www.1point1.in Reg. Office: T-762, 6[th] Floor, Tower-7, International Infotech Park, Above Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra -400 703.
Mumbai. Gurgaon. Indore. Banglore
To,
Date: 23[rd] August 2023
The Board of Directors
One Point One Solutions Limited
Reg. Off.: International Infotech Park, T-762, Tower-7, 6[th] Floor, Vashi, Navi Mumbai -400703.
Sub: Resignation from the post of directorship of the company
Dear Sir/Madam,
This is to inform you that that due health issues and current medical conditions, I am not able to continue to hold office of directorship in the One Point One Solutions Limited. Therefore, I am tendering my resignation as a Director w.e.f. close of business hours on 24[th] August 2023.
I am thankful to the company and the fellow board members for the support extended during my tenure as director. Kindly accept my resignation from the post of directorship.
Thanking you, Yours faithfully,
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Name : Bharat Dighe DIN : 00203056 Date : 23[rd] August 2023