Corrigendum to EGM Notice: Issue Price Basis and Valuation Details for 15% CCPS Issue

Corrigendum to EGM Notice dated September 16, 2026.

Fri 9 Oct 2026

Price floor - 90 trading days VWAP

Rs. 90.57

Price floor - 10 trading days VWAP

Rs. 83.65

NCRPS value

Rs. 2,50,00,000/-

What has been shared

Manoj Ceramic Limited has shared a Corrigendum to the Notice of its Extra-Ordinary General Meeting (EGM) dated September 16, 2026. The EGM is scheduled for Thursday, October 15, 2026 at 12:30 P.M. through video conferencing. The Company had applied to BSE Limited seeking in-principle approval in connection with the proposed preferential issue of 15% Compulsorily Convertible Preference Shares (CCPS). Following observations received from BSE, the Company is providing additional details and clarifications through this Corrigendum.

What the Corrigendum covers

• It relates to Point No. 5, "Basis on which the Issue Price for the securities has been arrived at", and Point No. 19, "Practising Company Secretary's Certificate", under Item Nos. 1 and 2 of the Explanatory Statement.
• All other terms and contents of the EGM Notice dated September 16, 2026 remain unchanged. The Corrigendum forms an integral part of the EGM Notice.
• There is no modification to the content or statements of the Explanatory Statement under Item Nos. 1 and 2, except as stated.
• The Corrigendum is also available on the Company's website.

How the issue price has been arrived at

• The equity shares of the Company are listed on BSE Limited only.
• Relevant date: September 15, 2026.
• 90 trading days volume weighted average price (VWAP) preceding the Relevant Date: Rs. 90.57/- per equity share.
• 10 trading days VWAP preceding the Relevant Date: Rs. 83.65/- per equity share.
• The Articles of Association do not provide for an alternate method of determination of the price of equity shares.
• The Board has considered to issue the equity shares at Rs. 100/- each (Rupee One Hundred Only) at a premium of Rs. 90 each (Rupees Ninety only) per equity share, which is not lower than the price determined in accordance with applicable provisions of the Regulations.

Valuation and certificate

• The Company has determined the value of NCRPS aggregating to Rs. 2,50,00,000/- from the Independent Registered Valuer dated 16th September 2026.
• The certificate from M/s. Rawal & Co., Company Secretaries, certifying that the preferential issue of CCPS is being made in accordance with the requirements of Chapter V of SEBI (ICDR) Regulations has been obtained, and is available for inspection by the members. For Point No. 19, the website link to the PCS certificate, which was inadvertently omitted, is now being provided.

What this means for shareholders

• The Corrigendum is being issued ahead of the EGM; the business transacted at the meeting is as listed in the EGM Notice.
• It revises only the explanatory statement for Point No. 5 and Point No. 19; the rest of the EGM Notice stands unchanged.
• The figures above show the price floor worked out from market VWAPs and the price the Board considered for the equity shares, along with the stated NCRPS valuation.

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