EGM on 30 Oct 2026 to consider authorised capital increase and Rs. 2,40,00,000 preferential issue

Technojet Consultants Ltd has called its 1st Extra-Ordinary General Meeting on Friday, 30th October 2026 at 12 P.M. in Mumbai.

Thu 8 Oct 2026

EGM Date

Friday, 30th October 2026 at 12 P.M. in Mumbai

Authorised Share Capital Increase

Rs. 20,00,000/- to Rs. 70,00,000/- (2,00,000 to 7,00,000 equity shares of Rs. 10/- each)

Preferential Issue Size

up to 5,00,000 equity shares at Rs. 48/- each, totalling up to Rs. 2,40,00,000/-

Notice of the 1st Extra-Ordinary General Meeting

Technojet Consultants Ltd has sent the notice of its 1st Extra-Ordinary General Meeting for the financial year 2026-2027. The meeting is scheduled for Friday, 30th October 2026 at 12 P.M. at Rajora Banquets, Ground Floor, Mind Space, 1406/15, Chincholi Bunder Road, Malad West, Mumbai. Two items of business are placed before members, each as a special resolution.

Item 1: Increase in authorised share capital

• Authorised share capital is proposed to be increased from Rs. 20,00,000/- (Rupees Twenty Lakhs), divided into 2,00,000 equity shares of Rs. 10/- each, to Rs. 70,00,000/- (Rupees Seventy Lakhs), divided into 7,00,000 equity shares of Rs. 10/- each.
• The new shares rank pari passu in all respects with the existing equity shares.
• Clause V of the Memorandum of Association is to be altered, and the Articles of Association altered wherever necessary, to reflect the higher capital.

Item 2: Preferential issue to non-promoters

• Up to 5,00,000 fully paid-up equity shares of face value Rs. 10/- each, at an issue price of Rs. 48/- per equity share.
• The issue aggregates up to Rs. 2,40,00,000/- (Rupees Two Crores Forty Lakhs), on a preferential basis for consideration in cash.
• The shares shall rank pari passu with existing equity shares from the date of allotment, including dividend and voting rights.
• Allottees must bring in 100% of the consideration into the designated bank account of the Company, from their respective bank account, on or prior to the date of allotment.
• Allotment in dematerialised form within 15 days from the date of passing the special resolution, or within 15 days from receipt of the last approval where allotment is subject to any approval or permission.
• The allotted shares shall not be sold, transferred, hypothecated or encumbered during the lock-in period specified under Chapter V of the SEBI (ICDR) Regulations, except to the extent and manner permitted.
• The relevant date for determining the issue price is Wednesday, 30th September 2026, being 30 days prior to the date of the EGM.

Proposed allottees and shares proposed to be allotted

• Nimesh Sahadeo Singh: 3,25,000 shares
• Nikita Sanjay Jain: 31,000 shares
• Shrusti Mukesh Shah: 30,000 shares
• Rahul Sureshbhai Domadiya: 30,000 shares
• Alpa Vijay Patel: 28,000 shares
• Kaushal Nilesh Sangani: 28,000 shares
• Jai Manish Shanghvi: 28,000 shares

Each of the seven proposed allottees is shown with a pre-preferential-issue holding of 0 and a current status of Non-Promoter.

Open offer and promoter classification

Mr. Nimesh Sahadeo Singh, the proposed allottee, shall be required to make a Public Announcement under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, thereby triggering the open offer process. Upon completion of the open offer process and subject to applicable laws and regulatory approvals, the Acquirers shall be classified as the Promoters of the Company.

Key dates

• Cut-off date for e-voting: Friday, 23rd October 2026.
• Register of Members and Share Transfer Books closed from Saturday, 24th October 2026 to Friday, 30th October 2026 (both days inclusive).
• Remote e-voting: Monday, 26th October 2026 at 9.00 a.m. to Thursday, 29th October 2026 at 5.00 p.m.
• Subject to receipt of the requisite number of votes, the resolutions are deemed to have been passed on the date of the EGM, Friday, 30th October 2026.

Points a member may keep in mind

• Both items are placed as special resolutions and are to be decided by the members at the meeting.
• The authorised capital increase raises the ceiling up to which shares can be issued; the actual issuance is the second resolution.
• The preferential issue is for cash, and if approved and allotted, new shares would be issued to the proposed allottees, which would change the shareholding pattern, with one allottee required to make a public announcement and the acquirers classified as Promoters upon completion of the open offer process.

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