One Point One Solutions Stock Jumps on Shareholder Approval for Major Fundraising
Shares of One Point One Solutions climbed more than 2% on Tuesday. This positive movement followed a crucial decision by the company's shareholders. They approved a significant capital-raising proposal that paves the way for an ₹84-crore preferential issue of fully convertible warrants.
Market Reaction and Voting Details
The small-cap stock gained as much as 2.62% during the trading session, reaching ₹54.70 per share on the Bombay Stock Exchange (BSE). This uptick came after the company made a regulatory filing on January 12, 2026. The filing confirmed that shareholders had given their nod to the special resolution.
The voting process demonstrated overwhelming support for the proposal. A total of 29.56 lakh valid votes were cast. Out of these, an impressive 29.55 lakh votes favored the capital-raising move. Only 900 votes stood against it, and no invalid votes were recorded, indicating a near-unanimous decision.
Structure of the Preferential Issue
Under the approved plan, One Point One Solutions will issue up to ₹1.5 crore fully convertible warrants. The issue price is set at ₹56 per warrant, which includes a premium of ₹54. This brings the total issue size to ₹84 crore. Each warrant carries the right to convert into one equity share with a face value of ₹2. The conversion must happen within 18 months from the date of allotment.
List of Proposed Allottees
The warrants will be allotted to a specific group of promoters and non-promoter investors. The proposed allottees include:
- Akshay Chhabra (Promoter): 50,00,000 warrants
- Afrin DIA (Non-Promoter): 20,00,000 warrants
- AL Maha Investment Fund PCC – Onyx Strategy (Non-Promoter): 20,00,000 warrants
- Cullinan Opportunities Incorporated VCC – Sub Fund 1 (Non-Promoter): 40,00,000 warrants
- Craft Emerging Market Fund PCC – Citadel Capital Fund (Non-Promoter): 20,00,000 warrants
Payment Terms and Regulatory Compliance
As per SEBI regulations, the payment for these warrants will follow a structured process. Allottees must pay 25% of the warrant price upfront at the time of allotment. The remaining 75% becomes payable upon conversion of the warrants into equity shares. The equity shares issued after conversion will rank equally with existing shares. They will also be subject to standard statutory lock-in requirements.
Positive Market Sentiment and Future Steps
Market participants viewed this development favorably. They see the proposed fund infusion as a strategic move. It could strengthen the company's capital structure and support future growth initiatives. The company clarified that the allotment of warrants will proceed only after receiving in-principle approval from the stock exchange. Following this, the equity shares resulting from conversion will be listed in compliance with all applicable regulations.
Recent Share Price Performance
Looking at the broader performance, One Point One Solutions share price has shown notable strength. It rose over 3% in the past month and gained 6% over the last year. The smallcap stock has delivered multibagger returns of 230% over three years. Its performance over five years is even more remarkable, with returns exceeding 2,000%.
By 12:00 PM on Tuesday, the share price was trading 0.77% higher at ₹53.71 per share on the National Stock Exchange (NSE).
