BSEBijoy Hans LtdMediumNeutral
Announced Mon, 9 Feb · 18:14 IST

Revision in number of shares to be allotted to Tec-Pool Solutions Private Limited.

Fund Raising View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bijoy Hans Ltd has revised downward the number of equity shares to be allotted to shareholders of Tec-Pool Solutions Private Limited (TPSPL) under an already-approved preferential issue. The share count moves from up to 1,00,00,000 (one crore) shares to up to 99,99,879 shares — a marginal change of just 121 shares due to a minor computational correction in the valuation of TPSPL. The issue price of ₹12.50 per share (including ₹2.50 premium over the ₹10 face value), total deal value of ₹12.50 crore, and all other terms remain unchanged. This allotment is part of a broader preferential issue for consideration other than cash, also involving Health Secure Hospitals and Arvaya Health and Wellness, likely linked to acquisitions in the healthcare and technology space (consistent with the company's expanded objects covering tech-enabled hospitals, telemedicine, and digital health).

Likely market impact

This is a technical, immaterial revision (less than 0.001% change in share count) and unlikely to affect existing shareholders or the stock price. The terms of the deal, including pricing, stay the same, so dilution impact is unchanged.