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JHS Svendgaard Retail Ventures Limited has allotted 23,01,000 fully convertible warrants at a price of Rs 25 per warrant on a preferential basis to seven non-promoter entities, including Purnima Sharma, Sunny Bakshi, and Fresh Impact Labs Private Limited, receiving Rs 6.25 per warrant as subscription amount, totaling Rs 1,43,81,250. The allotment, approved by the National Stock Exchange of India Limited and BSE Limited, allows warrant holders to convert them into equity shares within 18 months by paying a warrant exercise price of Rs 18.75 per warrant.

JHS SVENDGAARD RETAIL VENTURES LIMITED’s Board of Directors approved a waiver of interest and principal on existing debt during a meeting on August 29, 2026, alongside the allotment of 23,01,000 convertible warrants to seven investors, including Purnima Sharma, Sunny Bakshi, and Fresh Impact Labs Private Limited. The company received Rs 1,43,81,250 from the warrant subscription, representing 25% of the Rs 25 per warrant issue price. Warrant holders can convert their holdings into equity shares within 18 months at an exercise price of Rs 18.75 per warrant, resulting in a share price of Rs 25 upon conversion. The allotment, compliant with SEBI and Companies Act regulations, will dilute existing shareholders, with detailed post-conversion shareholding information provided in Annexure A.

JHS Svendgaard Retail Ventures Limited informed the Bombay Stock Exchange and National Stock Exchange that it has filed a statement of deviation or variation in the utilization of funds raised through a preferential issue of Rs 38.85 crore on September 27, 2024, and a preferential issue of Rs 13.14 crore on March 5, 2025, for the quarter ended June 30, 2026, which is available on the company’s website.

JHS Svendgaard Retail Ventures Limited announced the appointment of Mrs. Richa Sood and Mr. Mukul Pathak as Additional Directors to its board, effective August 13, 2026, for a term of five years subject to shareholder approval. Mrs. Sood, an independent woman director, has a background in the aviation industry, while Mr. Pathak brings extensive experience in teaching and finance. The company also reconstituted its Nomination and Remuneration Committee, adding both Sood and Pathak as members.

JHS Svendgaard Retail Ventures will hold a meeting of the Board of Directors of the Company on 13 August 2026.