Share Subscription and Shareholders Agreements for subscribing to at least 26% of the total paid. be…
As filed · Updates
What happened
FactThe Share Subscription and Shareholders Agreements for subscribing to at least 26% of the total paid. be 10,39,500 equity shares representing total of 29.23% of the issued and paid-up equity share capital.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedAnd the final steel plant of 3 million tons would be live in March '29 to September '29.
we would be having around INR8,500 crores of capex in this year.
Change
FactImplication
CapitSignal interpretationCapex
Revisedwe would be having around INR8,500 crores of capex in this year.
we've done around INR3,000 crores already in the first quarter.
Change
FactImplication
CapitSignal interpretationCapex
DelayedTill date, as we have announced around INR32,000 crores, INR33,000 crores of capex over the next 5 to 7 years.
we should be in a position to start the beneficiation plant of the first train and 6 months thereon for every train.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Consideration and how it is funded
- Revenue and profit of the target
- Expected completion date
- we are trying to achieve, if not beyond 40%, we'd like to close to 40%. (management committed by FY27)
- we are very, very confident that we can evacuate the full 22 million tons that is required under the EC in thi (management committed by FY26)
Evidence
- Informed the Exchange regarding Update on Acquisition of Equity Stake in Hexa Energy W2 Private Limited(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · FY25
- Latest statement · FY25
How CapitSignal classified this
- Reasoning:
- ACQUISITION base 74; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%