Allotment of securities pursuant to the scheme of merger.
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The Board of Directors of Innovassynth Investments Limited has approved the allotment of 4,74,65,031 equity shares of Rs. 10 each to the shareholders of Innovassynth Technologies (India) Limited under a Scheme of Merger by Absorption approved by the NCLT Mumbai Bench (orders dated November 14, 2025 and November 26, 2025). The share swap ratio is 1:1 — one share of Innovassynth Investments for every one share held in Innovassynth Technologies. The record date for eligibility was December 19, 2025, which is also the effective date of the merger. Post-allotment, the paid-up equity capital of Innovassynth Investments has risen to Rs. 75,44,93,160 divided into 7,54,49,316 shares of Rs. 10 each. The newly issued shares will rank pari-passu with existing shares and are proposed to be listed and traded on BSE.
Shareholders of Innovassynth Technologies (India) Limited will now hold listed shares of Innovassynth Investments Limited in a 1:1 swap, with Innovassynth Technologies being absorbed into the transferee company. The combined entity's share count has nearly tripled, which may have a dilutive effect on existing Innovassynth Investments shareholders depending on the relative sizes and valuations of the two companies.