Item No. 1: Conversion of Outstanding Unsecured Loan Against Subscription Money
Special resolution to approve conversion of outstanding unsecured loans from promoters/promoter group against subscription money payable for partly paid-up equity shares in the proposed rights issue
Total outstanding unsecured loans as of July 16, 2026: ₹3,80,00,000
Loan amounts certified by M/s. D G M S & CO, Practicing Chartered Accountants (UDIN: 26116861TEGGSA7691)
Adjustment limited to subscription money payable for rights entitlement and/or additional shares
Board authorized to determine adjustment amount and stages
Item No. 2: Rights Issue of Partly Paid-up Equity Shares
Special resolution to approve rights issue of partly paid-up equity shares for aggregate amount not exceeding ₹15,00,00,000 (including securities premium)
Face value: ₹10 per share
To be issued to eligible equity shareholders as on record date
Proceeds utilization: working capital requirements, adjustment of outstanding unsecured loans, general corporate purposes
Minimum subscription requirement under SEBI ICDR Regulation 86(1) not applicable as no capital expenditure project
Partly paid-up structure with amount payable on application (first call) and balance in one or more subsequent calls
Calls to be made within 12 months from allotment date
Shares forfeitable for non-payment of call money
Rights entitlement renounceable in whole or part
Ranking: pari passu with existing shares except for dividend/voting rights until fully paid-up
Voting Details
Remote e-voting period: July 18, 2026 (9:00 AM IST) to August 16, 2026 (5:00 PM IST)
Cut-off date for eligibility: July 10, 2026
E-voting service provider: National Securities Depository Limited (NSDL)
