Corrigendum to AGM Notice Issued After BSE Sought Clarifications on Preferential Issue

Corrigendum issued to the AGM notice dated Sept 08, 2026 (AGM on Sept 30, 2026, 10.00 A.M. via VC/OAVM).

Mon 28 Sep 2026

AGM Date

September 30, 2026 at 10.00 A.M. (IST) via VC/OAVM

Largest Allottee Allocation

4,06,200 shares (4.56%) to AASHISH

Issue Price Change

No change in the issue price

Allottee Classification

All listed allottees are non-promoter with nil pre-issue holding

BSE Clarification Date

September 21, 2026

What happened

The company issued a corrigendum (a correction/addition) to the notice of its Annual General Meeting. The AGM notice was dated September 08, 2026 and dispatched to shareholders on September 09, 2026. The AGM is scheduled for Wednesday, September 30, 2026 at 10.00 A.M. (IST) through Video Conference or Other Audio Visual Means.

Why the corrigendum

The company had applied to BSE for in-principle approval for a proposed preferential issue of equity shares and share warrants. Through remarks dated September 21, 2026, BSE asked the company to provide certain clarifications and information on the preferential issue by way of a corrigendum to the AGM notice. The corrigendum is deemed an integral part of the AGM notice, and all other contents of the notice remain the same.

Key point on pricing

The company states that no change is required to the issue price for the proposed preferential issue as already proposed in the AGM notice.

What was added

The corrigendum expands Item Number 11 of the explanatory statement, point 20 — the identity of proposed allottees, including the natural persons who are their ultimate beneficial owners, the percentage of post-preferential-issue capital each may hold, any change in control, and whether each allottee is promoter or non-promoter.

Examples from the allottee table

• AASHISH: 4,06,200 shares, 4.56% post-issue
• CHINTAN HITESHBHAI ANANDPARA: 1,84,200 shares, 2.07%
• DIVY AASHISH MEHTA: 1,76,700 shares, 1.98%
• EQUITRUST CONSULTING: 1,56,300 shares, 1.75%
• BRIJESH JITENDRA PAREKH: 1,53,900 shares, 1.73%
• AUGMENTA VALUE TRUST - SCHEME 1: 1,37,400 shares, 1.54%

All the listed allottees are shown as non-promoter both before and after the issue, and each shows nil pre-issue holding.

What it means for shareholders

This is a disclosure/procedural step rather than a new business decision. The preferential issue itself still needs shareholder approval at the AGM and in-principle approval from BSE. If completed, new shares would be issued to the named non-promoter allottees, which increases the total share count and dilutes existing holdings proportionately.

The corrigendum has been dispatched to shareholders and is available on the company's website, on the e-voting agency Bigshare Services' website, and on the BSE website.

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