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Team India Guaranty informs about allotment of equity shares

05 Mar 2026 Evaluate

In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Team India Guaranty has informed that the Board of Directors of the Company, at its meeting held on Wednesday, 04th March, 2026, pursuant to Shareholders’ Resolution dated 12th September, 2025, and in-principle approvals received from the National Stock Exchange of India (‘NSE’) (vide letter reference no. NSE/LIST/50422) and BSE (vide letter reference no. LOD/PREF/KS/FIP/1713/2025-26 dated February 17, 2026), considered the proposal for preferential allotment of 22,48,270 Equity Shares as follows; 1. The Company had proposed the allotment of 22,48,270 Equity Shares of Face Value of Re. 10/- each at an Issue Price of Rs. 285 each (including a premium of Rs. 275/- each), on a preferential basis to non-promoter allottees, pursuant to the in-principle approvals granted by BSE and National Stock Exchange of India; However, the Company has received only 62.14% of the requisite consideration in the form of shares from the proposed allottees. As a result, the allotment could not be completed at this stage, and the allotment is deferred. Additionally, the proposed acquisition of 4A Financial Technologies is also deferred. The Company may revisit the proposal in the future. Consequently, there is no change in the paid-up equity share capital of the Company on account of this proposal at this stage.

The above information is a part of company’s filings submitted to BSE.

Team India Guaranty Share Price

271.05 -2.45 (-0.90%)
17-Apr-2026 16:59 View Price Chart
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