OnEMI clarifies preferential issue pricing at ₹314.11 per share
As filed · Clarification in relation to proposed preferential issue on a private placement basis by the Company
What happened
FactOnEMI Technology Solutions clarified that its proposed preferential issue of up to 2,64,93,882 equity shares will be priced at ₹314.11 per share. The company said its valuation report-based price under the Articles of Association does not exceed the floor price determined under Regulation 164(2) of the SEBI ICDR Regulations; shareholders approved the issue at the October 14, 2026 EGM.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedWe expect to grow at north of 40% in AUM, with disciplined asset quality and calibrated risk selection, while secured business scale-up is also expected to be strong.
We are targeting gross NPA below 2.25%, year-on-year reduction in impairment costs of 10%-15%, and continued improvement in Stage-1 mix.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnWe are targeting gross NPA below 2.25%, year-on-year reduction in impairment costs of 10%-15%, and continued improvement in Stage-1 mix.
We are targeting a return on average AUM in the range of 4.5%-5%, which entails a return on average equity in the range of 19-21%.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- We expect to grow at north of 40% in AUM, with disciplined asset quality and calibrated risk selection, while (management committed by FY27)
Evidence
- Clarification in relation to proposed preferential issue on a private placement basis by the Company(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
- Earlier statement · Q4 FY26
- Latest statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- The clarification confirms that the stated issue price is not below the applicable SEBI ICDR floor price, while the company continues the process of seeking in-principle approval from the stock exchanges. It does not state that such approval has been granted.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%