Corrigendum to EGM notice: revised shareholding pattern and proposed allottees for preferential issue

A corrigendum dated October 08, 2026 has been issued to the notice of the First Extra-Ordinary General Meeting (EGM) of financial year 2026-27.

Thu 8 Oct 2026

Total equity shares before issue

17,72,69,272

Total equity shares after issue

20,84,04,114

Promoter Group stake before / after issue

4,17,85,126 shares, 23.57% before and 20.05% after the issue

What this update is

OnEMI Technology Solutions Ltd has issued a corrigendum dated October 08, 2026 to the notice of its First Extra-Ordinary General Meeting (EGM) of financial year 2026-27. The EGM is scheduled for Wednesday, October 14, 2026, to be held through video conferencing / other audio-visual means, in connection with the proposed issue and allotment of equity shares on a preferential basis.

The EGM notice was issued to shareholders on September 21, 2026, and approval of the shareholders for the proposed preferential issue is being sought.

Why a corrigendum was issued

• The company had shared applications with NSE and BSE for their in-principle approval in relation to the proposed preferential issue.
• NSE and BSE, in their letters dated September 25, 2026 and October 01, 2026 respectively, advised the company to provide certain clarifications and additional information by way of a corrigendum to the EGM notice.
• The corrigendum is to be read as an integral part of the EGM notice, and all other particulars of the notice remain unchanged.

What has been modified

• Annexure A of the EGM notice, the shareholding pattern of the company before and after the preferential issue, is replaced in its entirety.
• Annexure B of the EGM notice, covering the names of the proposed allottees, the class of persons, the ultimate beneficial owners and the percentage of post-preferential issue capital they may hold, is replaced in its entirety.
• Details of the current and post-preferential issue shareholding of the proposed allottees are updated.
• A clarificatory paragraph is added on the objects: proceeds from the preferential issue shall be utilised solely in the manner specified, after adjustment of expenses related to the preferential issue, if any, from the proceeds allocated to 'General Corporate Purposes'.

Shareholding pattern before and after the issue

• Total equity shares (Rs. 1 each): 17,72,69,272 before the issue and 20,84,04,114 after the issue, on a fully diluted basis.
• Promoter Group: 4,17,85,126 shares, 23.57% before and 20.05% after the issue.
• Mutual Funds: 9.07% before and 13.05% after the issue.
• Alternative Investment Funds: 7.98% before and 9.24% after the issue.
• Foreign Portfolio Investors Category I: 7.66% before and 10.41% after the issue.
• Foreign Companies: 29.49% before and 25.09% after the issue.
• Insurance Companies: 0.86% before and 0.73% after the issue.
• Banks: nil before and 7,95,899 shares, 0.38%, after the issue.
• Non-Promoter Public shareholding: 76.43% before and 79.95% after the issue.
• Outstanding ESOP Granted: 46,40,960 shares, or 2.23%, after the issue.

Among individual shareholder categories, those holding nominal share capital up to Rs. 2 lakhs move from 8.53% to 7.36%, those holding in excess of Rs. 2 lakhs from 8.35% to 7.11%, NRIs from 0.35% to 0.29%, bodies corporate from 3.29% to 3.33%, and Hindu Undivided Families from 0.52% to 0.44%.

Proposed allottees named in the revised annexure

• 238 Plan Associates, LLC, a Foreign Portfolio Investor Category I, USA: 4,77,539 equity shares proposed to be issued and allotted, being 0.23% of the post-preferential issue capital.
• 360 One Equity Opportunity Fund, a Category III Alternative Investment Fund: 6,36,719 equity shares, 0.31%.
• 360 One Equity Opportunity Fund - Series 4, a Category III Alternative Investment Fund: 4,77,539 equity shares, 0.23%.
• AAA GEMS FUND, a Category III Alternative Investment Fund: 9,55,079 equity shares, 0.46%.
• The list also covers mutual funds, other Category III Alternative Investment Funds, Foreign Portfolio Investors Category I, a scheduled commercial bank, individuals and bodies corporate, with each allottee's pre-issue holding, shares proposed to be allotted and post-issue holding shown separately.

What a reader can take from it

• The revised tables let shareholders see how each category's stake changes if the proposed preferential issue goes through, with the promoter group at 23.57% before the issue and 20.05% after the issue on a fully diluted basis, and the non-promoter public shareholding at 76.43% before and 79.95% after.
• The corrigendum does not change the objects of the issue; it clarifies that the proceeds will be used solely for those objects, after meeting issue-related expenses.
• The modifications are placed before members for their noting, and the EGM stands convened for Wednesday, October 14, 2026.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.