Corrigendum fixes post-issue shareholding percentages in EGM notice
Tikona Communication Ltd has shared a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM) to be held on 28th October 2026 at 12:00 P.M. through video conferencing.
By ScoutQuest · · 2 min read
- Promoter holding post-preferential allotment
- 7,73,56,930 shares (59.84%)
- Promoter holding pre-issue
- 21356930 shares (70.18%)
- Pre-issue total share capital
- 30430000 shares
Corrigendum to the EGM notice
- Tikona Communication Ltd (formerly Grand Foundry Ltd) has issued a corrigendum to the notice of its Extra-Ordinary General Meeting (EGM) dated 1st October 2026
- The EGM is scheduled for Wednesday, 28th October 2026 at 12:00 P.M. (IST) through video conferencing and other audio-visual means
- The corrigendum forms an integral part of the original notice and is to be read in conjunction with it
What the corrigendum corrects
The corrigendum rectifies certain details in Clause (ix) of the explanatory statement, titled "Shareholding Pattern of the Company Before and After the Preferential Allotment of Equity Shares". The corrected post-issue shareholding percentages are reproduced in the corrigendum, and Clause (ix) stands revised to that extent. Except for the correction expressly set out, all other contents, terms and conditions of the EGM notice and its explanatory statement remain unchanged.
Promoters' stake before and after the allotment
- Pre issue: 21356930 shares, or 70.18% of the share capital
- Post issue: 7,73,56,930 shares, or 59.84% of the post-preferential share capital
- The pre-issue total share capital shown in the table is 30430000 shares
How other categories are shown
- Individual shareholders holding nominal share capital up to Rs.2 Lakhs are shown at 21.68% before the issue and 5.18% after it
- Bodies corporate are shown at 18.81% of the post-issue share capital
- The table also lists categories such as individual shareholders holding nominal share capital in excess of Rs.2 Lakhs, LLPs, Non-Resident Indians, HUF, financial institutions and insurance companies, with their pre-issue and post-issue share counts and percentages
What this means for a retail reader
The corrigendum replaces the percentage figures that appeared in the earlier EGM notice with the corrected set, so shareholders can see how each category's share of the company stands before and after the preferential allotment of equity shares. It is a correction of disclosure figures, and the company has stated that the other contents, terms and conditions of the notice are unchanged.
Action for shareholders
- The corrigendum is being sent by email to members whose email ID is registered with the company, the registrar and transfer agent or the depository participant as on the cut-off date of Friday, 2nd October 2026
- It can also be accessed on the company's website, on the BSE and NSE websites, and on the e-voting website of Purva Sharegistry (India) Private Limited
- Members are requested to take note of the correction while considering the relevant resolution proposed at the EGM
Also from Tikona Communication
Board approves September 2026 quarter and half-year results; auditor's limited review conclusion unmodified
23 Oct 2026
Board meeting on October 23, 2026 to consider unaudited results for September 30, 2026 quarter
16 Oct 2026
EGM on October 28, 2026: capital increase, preferential warrants and shares, Fusionnet-linked preference issue
6 Oct 2026
More numbers
- Promoters' holding before the preferential allotment (shares)21356930
- Promoters' holding before the preferential allotment (%)70.18
- Promoters' holding after the preferential allotment (shares)7,73,56,930
- Promoters' holding after the preferential allotment (%)59.84
- Total shares before the preferential allotment30430000
- Individual shareholders up to Rs.2 Lakhs, pre issue (%)21.68
- Individual shareholders up to Rs.2 Lakhs, post issue (%)5.18
- Bodies corporate, post issue (%)18.81
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