One Point One Solutions Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of voting results along with copy of minutes.
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One Point One Solutions Limited has received shareholder approval via postal ballot (e-voting) for issuing up to 1.5 crore fully convertible warrants on a preferential basis at Rs. 56 per warrant (face value Rs. 2, premium Rs. 54), aggregating up to Rs. 84 crores. The allottees include promoter Akshay Chhabra (50 lakh warrants) and four non-promoter investors — Afrin DIA, AL Maha Investment Fund PCC-Onyx Strategy, Cullinan Opportunities Fund, and Craft Emerging Market Fund-Citadel Capital Fund. E-voting was held from December 12, 2025 to January 10, 2026, with results declared on January 12, 2026. The resolution was passed with overwhelming support: 29,55,961 votes in favour versus just 900 against, out of 29,56,861 valid votes.
This paves the way for a potential Rs. 84 crore capital infusion, with promoter participation signalling insider confidence. However, if all warrants are converted within the 18-month exercise period, existing shareholders will face equity dilution. Only 25% of the warrant price is payable upfront now, with the balance due upon conversion.