This disclosure serves as a correction to the company's previous letter dated 30th May 2026 regarding the outcome of its Board Meeting.
The company identified a typographical error in Point No. 7 of page no. 1 and Annexure I of page no. 3 of the original disclosure. The issue price of equity shares was incorrectly mentioned as Rs. 24/- (including premium of Rs. 14 per share) instead of the correct price of Rs. 25/- (including premium of Rs. 15 per share).
Corrected Details of Preferential Allotment:
- Type of Issuance: Preferential Issue of Securities in accordance with SEBI (ICDR) Regulations, 2018 read with the Companies Act, 2013 and rules made thereunder
- Total Number of Securities: Up to 8,48,600 (Eight Lakh Forty-Eight Thousand Six Hundred) equity shares of Rs. 10/- each
- Issue Price: Rs. 25/- per share (including premium of Rs. 15 per share)
- Allottees: Members of promoter group
- Total Amount: Approximately Rs. 2,12,15,000
- Number of Investors: Four (4)
Investor Details:
1. Sahasala Lavanya Gupta - Equity Shares - Rs. 53,03,750
2. Perla Ambica Ramachandran - Equity Shares - Rs. 53,03,750
3. Alapati Karthik Hanuma Kumar - Equity Shares - Rs. 53,03,750
4. Alapati Lakshmana Ramachandra Ambica Eswar - Equity Shares - Rs. 53,03,750
Additional Information:
- The issuance requires shareholder approval
- Post-allotment details and outcome of subscription will be disclosed in due course
- The instrument is not convertible equity warrants
- There is no cancellation or termination of the issuance proposal
The company confirms that this correction is purely limited to the mentioned typographical error regarding the issue price, and all other disclosures in the original outcome letter remain unchanged.
The document is signed by Veeravenkata Pothu Krishna Rao Perla, Chairman and Managing Director (DIN: 00391898), with digital signatures timestamped 2026.06.01 18:50:00 +05'30' and 2026.06.01 18:50:19 +05'30'.