WHEELS INDIA LTD.

Wheels India Ltd announced the successful closure of its Qualified Institutional Placement (QIP) issue. The Fundraise Committee approved the closure of the issue on September 25, 2026, after receiving applications and funds from eligible qualified institutional buyers. The company allocated 11,97,318 Equity Shares at an issue price of ₹2088 per share, which includes a premium of ₹2078 per share. This price represents a discount of ₹109.10 (4.97%) to the floor price of ₹2197.10. The Placement Document has been approved and adopted, and confirmation of allocation notes will be sent to the allottees. Refund intimations will be issued to any entitled bidders. The trading window for insider trading was closed from September 24, 2026, for 48 hours.

Wheels India Ltd announced the successful completion of its Qualified Institutions Placement (QIP) on September 25, 2026. The company's Fund Raise Committee approved the issue and allotment of 11,97,318 equity shares at an issue price of ₹2088.00 per share, including a premium of ₹2078.00. This issuance has raised a total of ₹249,99,99,984 (approximately ₹250 crores). The paid-up equity share capital has consequently increased to ₹26,86,23,610, comprising 2,68,62,361 equity shares. The QIP opened on September 24, 2026, and closed on September 25, 2026. Key allottees include various mutual funds and investment trusts, with Aditya Birla Sun Life Mutual Fund schemes and Magnum Equity EX - Top 100 Long Short Fund being significant participants.

Wheels India Ltd's Fund Raise Committee met on September 24, 2026, to approve key aspects of a qualified institutional placement (QIP). The committee approved the preliminary placement document and set the floor price for the issue at ₹2,197.10 per equity share, determined according to SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The trading window will be closed until September 26, 2026. A subsequent meeting is scheduled for September 25, 2026, to finalize the issue price.

TSF Investments Limited, a promoter of Wheels India Limited, has acquired 10,26,694 equity shares, representing 2.80% of the total share capital. This acquisition was made through a preferential allotment on September 21, 2026. Following this transaction, TSF Investments' total holding in Wheels India has increased from 25.01% to 27.81%. The total equity share capital of Wheels India has also increased from 2,44,33,012 to 2,56,65,043 shares.

Wheels India Ltd's Board of Directors, at their meeting on September 21, 2026, approved the allotment of 1,232,031 fully paid-up equity shares. These shares, with a face value of ₹10 each, were issued at a price of ₹1,461 per share, including a premium of ₹1,451. The preferential issue on a private placement basis aggregated to ₹1,799,997,291 (approximately ₹180 crore). The shares were allotted to four entities: TSF Investments Limited, Mr. Srivats Ram, Ms. Nivedita Ram, and Ms. Gita Ram. Following this allotment, the company's issued, subscribed, and paid-up equity share capital increased from ₹24.43 crore to ₹25.67 crore. The company had received in-principle approval from NSE and shareholders' approval for this issue.

Wheels India Ltd held an Extraordinary General Meeting (EGM) on September 17, 2026, where shareholders approved two special resolutions. The first resolution concerned the issuance of equity shares via a preferential private placement, with 100% of votes cast by promoters and 99.95% by public non-institutional investors in favor. The second resolution involved enhancing fund-raising limits previously approved by shareholders, also passing with overwhelming support from all shareholder categories. The meeting concluded efficiently, with voting results and the scrutinizer's report submitted to BSE.

Wheels India Ltd conducted its Extraordinary General Meeting (EGM) on September 17, 2026, via Video Conferencing. The meeting, which commenced at 10:15 AM and concluded at 10:37 AM, addressed two key special business items: the issuance of equity shares via preferential private placement and the enhancement of fund-raising limits. The Chairman, Mr. Srivats Ram, recused himself from discussions on these items, with Mr. M P Vijay Kumar taking over as Chairman for the EGM. Shareholders were offered remote e-voting and e-voting at the meeting. The consolidated voting results, as certified by the scrutinizer, will be uploaded to the company's website and submitted to the stock exchanges.

Wheels India Ltd has announced a conference call for fund managers, analysts, and investors, scheduled from September 7 to September 9, 2026. This follows a previous intimation on September 2, 2026. The company has provided a link to the presentation materials for this event. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Wheels India Ltd has announced an upcoming Analyst and Institutional Investor Meet scheduled from September 7 to 9, 2026. The event, organized by ICICI Securities, will take place in Mumbai. The meetings are scheduled daily from 9:00 AM to 6:00 PM. During these interactions, the company plans to discuss publicly available information. This event is subject to change.

Wheels India Ltd has issued a corrigendum to the notice of its Extra Ordinary General Meeting (EGM). The EGM was originally scheduled to be held on September 17, 2026. The filing does not specify the nature of the correction, only that a corrigendum has been issued. Further details regarding the revised notice or the specific changes made are not provided in the extracted text. The company is adhering to regulations for virtual meetings as per MCA and SEBI circulars.