Allotment of Securities as per the attached letter.
Price
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Awaiting price reaction for this filing.
Synthiko Foils Limited has allotted 1,36,08,849 fully paid-up equity shares of Rs. 10 face value at Rs. 769.16 per share (including a premium of Rs. 759.16), aggregating to roughly Rs. 1,046.74 crores. The shares were issued on a preferential basis for consideration other than cash, in lieu of acquiring 100% stake in DC&T Global Private Limited through a share swap. A total of 194 allottees received shares, including promoters/promoter group (who are existing shareholders of DC&T) such as Umesh Kumar Sahay and Abhishek Narbaria, along with a wide list of non-promoter individuals, LLPs, and funds. The new shares will rank equally with existing equity shares. The Board approved this allotment on December 24, 2025, further to an earlier intimation dated November 7, 2025.
Existing shareholders face meaningful dilution from the large share issuance, while the DC&T acquisition could materially change the company's business profile. Short-term stock price may be under pressure due to the expanded equity base, though the strategic intent of the acquisition will be the key driver going forward.