Date: July 30, 2026
Board Meeting Outcomes
- The company has amended the shareholding disclosure in the Explanatory Statement to the EGM Notice dated June 22, 2026 (as previously amended by Corrigendum dated July 16, 2026)
- The amendment specifically relates to Point No m of Item No:1 regarding the proposed preferential issue of 25,00,000 warrants
- This amendment is made in response to NSE letter dated July 24, 2026 (Ref: NSE/LIST/56087)
Shareholding Disclosure Amendment
The table under point (m) of the Explanatory Statement titled "The names of the proposed allottee(s) to whom the allotment is made and the percentage of post-preferential offer capital that may be held by them" has been updated with the following key changes:
- Added pre-existing shareholding details for Mr. Paladugu Venkateswarlu (one of the proposed allottees) showing 1,765 existing shares
- Updated the pre-issue shareholding, post-issue shareholding, and total post-issue shareholding figures accordingly
The revised table shows the following allocation for the preferential issue of 25,00,000 warrants:
- Total warrants to be allotted: 25,00,000
- Total post-issue shareholding of allottees: 25,05,716 shares
- Percentage of post-preferential offer capital to be held by allottees: 5.99%