Sakuma Exports532713EGM notice

EGM on 21 November 2026 to vote on preferential issue of up to 65 crore shares at Rs. 1.66

An Extra-Ordinary General Meeting is scheduled for Saturday, 21 November 2026 at 11:00 A.M., to be held through video conferencing.

By ScoutQuest · Tue 27 Oct 2026, 1:01 PM IST · 3 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.

EGM date: Saturday, 21 November 2026 at 11:00 A.M.
Preferential issue: up to 65 crore equity shares of face value Rs. 1/- each at Rs. 1.66 per share
Issue size: up to Rs. 107.90 crore

A notice has been sent to shareholders for an Extra-Ordinary General Meeting (EGM). This is the document that tells shareholders what they will be asked to vote on; the actual outcome is known only after the meeting.

Meeting details

Date and time: Saturday, 21 November 2026 at 11:00 A.M.
Mode: Video Conferencing / Other Audio-Visual Means, so there is no physical venue.
Remote e-voting window: from 18.11.2026 at 9:00 A.M. until 20.11.2026 at 5:00 P.M.
Cut-off date for e-voting entitlement: 14.11.2026.
Register of Members and Share Transfer Books stay closed from 18.11.2026 to 20.11.2026.

The main resolution: preferential issue of shares

Shareholders are asked to consider and, if thought fit, pass a Special Resolution to offer, issue and allot up to 65 crore equity shares of face value Rs. 1/- each, for cash, at a price of Rs. 1.66 per share. That price includes a premium of Rs. 0.66 per equity share.

The total amount aggregates up to Rs. 107.90 crore.
The issue is on a preferential basis to a defined set of proposed allottees.
The "Relevant Date" used for determining the minimum price is Thursday 22.10.2026, being the date 30 days prior to the EGM.

Who the shares are proposed to be issued to

The nine proposed allottees named in the notice are Akshay Tulshiram Agonde, Al Malaki Foodstuff Trading LLC, Bajirao Hariba Desai, Laxman Ramchandra Tele, Deendayal Ramdhar Yadav, Manish Singal, Deepali Gupta, Kubeir Khera and Denvor Capital.

Terms attached to the issue

100% of the preferential allotment consideration is payable on or before the date of allotment.
The shares are issued for cash consideration.
Allotment is to be made in one or more tranches, on receipt of subscription money, within a period of 15 days from the date of passing the resolution; where an approval or permission from a regulatory authority, stock exchange or the Central Government is pending, that 15-day period is counted from the date such approval or permission is received.
The shares will be allotted in dematerialised form within the time prescribed under applicable laws.
The shares will be fully paid-up and will rank pari passu with the existing equity shares, including dividend and voting rights from the date of allotment.
The pre-preferential allotment holding of the proposed allottee and the shares to be allotted are subject to lock-in as specified in Chapter V of the ICDR Regulations.
The shares will be listed on BSE Limited and NSE, where the company's equity shares are listed, subject to receipt of necessary permissions and approvals.

What else the resolution covers

The Board (and any committee set up for the purpose) is authorised to vary or modify the terms and conditions attached to the number of shares to be allotted, to make applications to the stock exchanges for in-principle approvals, to file the requisite documents, and to take incidental steps to give effect to the resolution. The Board is also authorised to accept modifications required by any regulatory or other authority, and to delegate its powers to directors, committees, executives, officers or authorised signatories.

What it means for a retail shareholder

The resolution, if passed, brings in fresh cash of up to Rs. 107.90 crore at Rs. 1.66 per share. Because new shares are being created, the total number of shares will rise, which affects each existing shareholder's proportionate stake — the notice itself quantifies the size and price, but the effect on stake depends on the total share capital, which a reader can weigh from the company's disclosures. The shares issued are restricted by lock-in for the period set out in the ICDR Regulations.

How to participate

Voting can be done remotely through the e-voting facility, or during the meeting. Members may join the video conference 15 minutes before and after the scheduled start; the facility is available for 1,000 members on a first-come first-served basis, with no such restriction for large shareholders (holding 2% or more), promoters, institutional investors, directors and certain other specified persons.

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