Sakuma Exports532713Preferential allotment

Board approves preferential issue of up to 65 crore equity shares at Rs. 1.66

Board met and approved a preferential allotment of up to 65 crore equity shares.

By ScoutQuest · Fri 23 Oct 2026, 4:42 PM IST · 2 min read

Rs. 1.66Issue price per equity share

Face value per equity shareRs. 1/-

Premium per equity shareRs. 0.66

Issue price per equity share Rs. 1.66: Face value per equity share Rs. 1/-, Premium per equity share Rs. 0.66.

Issue Size: up to 65 crore equity shares
Issue Price: Rs. 1.66 per share (face value Rs. 1/- plus premium of Rs. 0.66)
Total Issue Amount: up to Rs. 107.90 Crore

What the board approved

The board considered and approved the offer, issue and allotment of up to 65 crore equity shares of face value of Rs. 1/- each for cash at a price of Rs. 1.66 per equity share, including a premium of Rs. 0.66 per share. The total amount aggregates up to Rs. 107.90 Crore. The issuance is proposed on a preferential basis and is subject to approval of the shareholders in the ensuing general meeting, along with applicable laws and regulations.

Price check

The issue price of Rs. 1.66 is higher than the minimum price of Rs. 1.655 per equity share calculated in accordance with the SEBI ICDR Regulations, as stated in the update.

Who is proposed to receive the shares

Akshay Tulshiram Agonde
Al Malaki Foodstuff Trading LLC
Bajirao Hariba Desai
Laxman Ramchandra Tele
Deendayal Ramdhar Yadav
Manish Singal
Deepali Gupta
Kubeir Khera
Denvor Capital

All nine are proposed to be allotted shares in the non-promoter (public) category. In the allottee table, the five investors listed first are each shown a proposed allotment of 10,80,00,000 shares, or 4.82% each of the post-issue capital. Manish Singal is shown 2,80,00,000 shares (1.25%), Deepali Gupta 80,00,000 shares (0.36%), Kubeir Khera 57,00,000 shares (0.25%) and Denvor Capital 6,83,00,000 shares (3.05%).

Shareholding before and after

Promoter & Promoter Group: 725681185 shares, or 46.29% before the issue; the same number of shares, or 32.72%, after the proposed issue.
Public: 842037455 shares, or 53.71% before; 1492037455 shares, or 67.28% after.
Grand total: 1567718640 shares (100.00%) before; 2217718640 shares (100.00%) after.

What this means in simple terms

A preferential allotment means the company plans to issue new shares to a chosen set of investors rather than to the public at large. Because new shares are added to the existing base, the total number of shares rises from 1567718640 to 2217718640 as shown in the post-issue pattern, and each existing shareholder's slice of the company becomes proportionately smaller unless they also subscribe.

Things still to happen

The proposal requires shareholder approval. An Extra-Ordinary General Meeting is to be held on Saturday, 21st November 2026 at 11:00 A.M. through video conferencing, and remote e-voting as well as voting at the meeting will be scrutinised by M/s Rajeev Bhambri & Associates, appointed as scrutiniser.

Other items

The board also approved the draft notice convening the Extra-Ordinary General Meeting. The meeting of the board commenced at 04.00 PM and concluded at 04.09 PM. The company's letter is dated 23.10.2026 and refers to the board meeting as held today i.e. 19th October 2026.

32.72%Promoter & Promoter Group holding issue

Promoter & Promoter Group holding issue: 32.72%.

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