Resourceful Automobile Limited has issued Corrigendum I to its Notice of Extra Ordinary General Meeting dated September 16, 2026. The EGM is scheduled to be held on Thursday, October 8, 2026, at 12:00 PM IST through Video Conferencing/Other Audio-Visual Means.
The corrigendum specifically amends Item No. 1 of the explanatory statement, sub-points 5 and 18, which pertain to the proposed issuance of convertible equity warrants to promoter category.
Warrant Issuance Details
The company seeks shareholder approval to issue and allot up to 3,00,000 (Three Lakhs) Convertible Equity Warrants at a price of ₹51 (Rupees Fifty-One Only) per warrant, including premium. The total aggregate amount is ₹1,53,00,000 (Rupees One Crore Fifty-Three Lakhs Only).
Valuation Report Disclosure
Sub-point 5 has been amended to clarify that while no registered valuer report is required under the Companies (Share Capital and Debenture) Rules, 2014, the company has obtained a valuation report dated September 8, 2026, from Mr. Bhavin R Patel, an Independent Registered Valuer (IBBI Registration No. IBBI/RV/05/2019/11668). This was required under Regulation 166A of SEBI ICDR Regulations since the allotment represents more than 5% of the post-issue fully diluted share capital. The valuation report has been published on the company's website at https://www.sawhneyauto.com/assets/documents/29sept/ValuationReport_RAL.pdf.
Company Secretary Certificate
Sub-point 18 has been amended to include details of the practicing company secretary certificate from Ms. Mayuri Sinha (ACS No A48931, CP No: 20036). The certificate confirms that the preferential issue of warrants complies with ICDR Regulations and is available for inspection by members. It can also be accessed on the company's website at https://www.sawhneyauto.com/assets/documents/29sept/Reg.%20163(2)_Compliance%20Certificate.pdf.
Additional Information
The corrigendum has been uploaded to the company's website (https://www.sawhneyauto.com/investor-relation.php) and the website of BSE Limited. All other contents of the original EGM notice remain unchanged except for the amendments specified in this corrigendum.
The document is signed by Rahul Sawhney, Managing Director (DIN: 07635427), and was issued from Delhi on September 29, 2026.