Corrigendum-I to EGM Notice: Two Explanatory Points on the Warrant Proposal Amended

Resourceful Automobile Ltd has shared Corrigendum-I to the Notice of its Extra Ordinary General Meeting (EGM).

Tue 6 Oct 2026

EGM Date

Thursday, 8th October, 2026 at 12.00 P.M. (IST)

Warrants Proposed

up to 3,00,000 (Three Lakhs) Convertible Equity Warrants at Rs. 51/- each

Aggregate Amount

Rs. 1,53,00,000/-

What this update is

• Resourceful Automobile Ltd has issued a Corrigendum-I to the Notice of its Extra Ordinary General Meeting (EGM).
• A corrigendum is a correction or an addition to an earlier document. From its date, the Notice of the EGM must always be read together with this Corrigendum-I.
• Everything in the Notice of the EGM stays the same except what the corrigendum modifies or supplements.

What the EGM is being held for

• The EGM is scheduled to be held on Thursday, 8th October, 2026 at 12.00 P.M. (IST) through Video Conferencing or other Audio-Visual Means.
• Item No. 1 of the Notice seeks the approval of shareholders for the proposed issue and allotment of up to 3,00,000 (Three Lakhs) Convertible Equity Warrants at a price of Rs. 51/- each, including premium aggregating to Rs. 1,53,00,000/-, to the Promoter Category.

What the corrigendum changes

• It amends sub point no. 5 and sub point no. 18 of the explanatory statement contained in the Notice of the EGM.
• Sub point 5, Report of Independent Registered Valuer: no report of the registered valuer is required for the offer, issue and allotment of warrants convertible into fully paid-up equity shares under the provisions of the second proviso to Rule 13(1) of the Companies (Share Capital and Debenture) Rules, 2014.
• However, in accordance with Regulation 166A of the ICDR Regulations, considering that the allotment shall be more than 5% of the post issue fully diluted share capital of the Company, a valuation report dated 8th September, 2026 has been obtained from an Independent Registered Valuer and has been published on the Company's website.
• Sub point 18, Practicing Company Secretary Certificate: a certificate certifying that the preferential issue of warrants is being made in accordance with the requirements of ICDR Regulations shall be available for inspection by the members and may also be accessed on the Company's website.

How a retail investor can read this

• The change is to the explanatory backing of the proposal - it brings in the valuation report required under Regulation 166A of the ICDR Regulations and the Practicing Company Secretary certificate.
• The warrant proposal itself, up to 3,00,000 warrants at Rs. 51/- each to the Promoter Category, is the same as in the Notice of the EGM.
• Shareholders will consider the proposal at the EGM scheduled for 8th October, 2026, and the Notice of the EGM is to be read together with this Corrigendum-I from its date.
• The corrigendum also states that the documents are available on the Company's website and on the website of BSE Limited.

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