Key Quantitative Figures

  • Equity Shares for Preferential Issue: 35,71,42,856 (Thirty-Five Crores Seventy-One Lakhs Forty-Two Thousand Eight Hundred Fifty-Six) equity shares
  • Convertible Warrants for Preferential Issue: 70,93,57,119 (Seventy Crores Ninety-Three Lakhs Fifty-Seven Thousand One Hundred Nineteen) convertible warrants
  • Floor Price Calculation:
  • 90 Trading Days VWAP: ₹1.36 per equity share
  • 10 Trading Days VWAP: ₹1.05 per equity share
  • Issue Price: ₹1.40 per equity share

Parties Involved

  • Stock Exchanges: BSE Limited and Metropolitan Stock Exchange of India Limited
  • Registered Valuer: Mr. Manish Santosh Buchasia, Ahmedabad (RV Reg. No. IBBI/RV/03/2019/12235)
  • Company Secretaries: M/s Dharti Patel & Associates (Membership No: F12801, COP: 19303)
  • Chartered Accountants: M/s S.K Bhavsar & Co (Membership No: 180566)
  • Managing Director: Ketankumar Shivabhai Gosai (DIN: 11543634)

Purpose/Rationale

The corrigendum was issued to address clarifications required by BSE Limited regarding the preferential issue proposals after identifying an inadvertent error in the calculation of the 10 Trading Days' Volume Weighted Average Price (VWAP) of the company's equity shares.

Financial Impact

  • The preferential issue involves conversion of outstanding unsecured loan into equity shares
  • The issue price of ₹1.40 per share represents a premium over the calculated floor price of ₹1.36
  • The total potential equity dilution involves 35.71 crore new shares plus potential conversion of 70.93 crore warrants

Documents Revised

  • Revised Valuation Report dated 9th September 2026 from registered valuer
  • Revised pricing certificate from M/s. S. K. Bhavsar & Co., Practicing Chartered Accountants

Availability of Documents

All revised documents including valuation reports and certificates are available on the company's website www.llflltd.in and for inspection at the registered office during office hours.

Effective Date

The corrigendum forms an integral part of the original AGM notice and shall be read in conjunction with it from the date of issuance (9th September 2026).