1. 8,08,94,331 equity shares of face value of Rs 10 each at an issue price of Rs 356.02 for an aggregate amount of Rs 2879.99 crore to Grasim Industries, the promoter of the company.

2. 56,17,661 equity shares of face value of Rs 10 each at an issue price of Rs 356.02 for an aggregate amount of Rs 199.99 crore to Suryaja Investments Pte. Ltd., Singapore, an Aditya Birla Group entity and promoter group of the company.

3. 2,58,41,244 equity shares of face value of Rs 10 each at an issue price of Rs 356.02 crore for an aggregate amount of Rs 919.99 crore to International Finance Corporation.

Consequent to the above allotment, the paid up equity share capital has increased to Rs. 2734,20,63,000 comprising of 273,42,06,300 equity shares of face value of Rs 10 each.

The joint venture will leverage the business development and market access capabilities of HD Fabcon together with the execution, operational, project management, and manufacturing capabilities of Belding India and its group entities.

The entity shall primarily focus on identifying, securing, executing, and managing projects across the sectors, with an emphasis on developing scalable business opportunities, large projects and long-term strategic customer relationships.