Key Quantitative Figures
The preferential issue involves 25,72,898 equity shares of face value ₹2 each, totaling ₹299,99,99,068 (₹299.99 crore). The detailed allocation to SBI Mutual Fund schemes is as follows:
- SBI Conservative Hybrid Fund: 6,00,345 shares (₹70,00,02,270)
- SBI ELSS Tax Saver Fund: 6,00,343 shares (₹69,99,99,938)
- SBI Infrastructure Fund: 3,43,053 shares (₹39,99,99,798)
- SBI MNC Fund: 3,00,171 shares (₹34,99,99,386)
- SBI Balanced Hybrid Fund: 2,14,408 shares (₹24,99,99,728)
- Magnum Equity Ex-Top 100 Long Short Fund: 2,57,289 shares (₹29,99,98,974)
- SBI Optimal Equity Fund - Long Term: 2,57,289 shares (₹29,99,98,974)
Dates of Action
- Original EGM Notice dated: September 18, 2026
- EGM Notice sent to members: September 22, 2026
- Corrigendum issued: October 09, 2026
- EGM scheduled: October 15, 2026 at 10:30 AM IST
- Remote e-voting commences: October 12, 2026 at 09:00 AM IST
Parties Involved
- Rossell Techsys Limited (Company)
- BSE Limited and National Stock Exchange of India Limited (Stock Exchanges)
- SBI Mutual Fund and its various schemes (Proposed Allottee)
- SBI Alternative Equity Fund (through SBI Optimal Equity Fund - Long Term)
- National Securities Depository Limited (e-voting platform)
Purpose and Rationale
The corrigendum was issued pursuant to observations received from stock exchanges regarding the company's application for in-principle approval under Regulation 28(1) of SEBI Listing Regulations. The purpose is to provide additional details in the resolution and explanatory statement regarding:
- Scheme-wise allocation under SBI Mutual Fund
- Identity of natural persons who are ultimate beneficial owners of shares proposed to be allotted to SBI Optimal Equity Fund - Long Term
Distribution and Availability
The corrigendum is being sent through electronic mode to all members who received the original EGM notice. It is also available on:
- Company website: https://rosselltechsys.com/investor-relations/shareholder-information
- NSDL website: www.evoting.nsdl.com
- BSE website: www.bseindia.com
- NSE website: www.nseindia.com
Financial Impact
The preferential issue will result in an equity capital infusion of ₹299.99 crore. The specific financial impact on capital structure and ownership patterns will be determined upon completion of the allotment process.
Effective Date
The corrigendum forms an integral part of the original EGM Notice from October 09, 2026, onward. All other contents of the EGM Notice remain unchanged except for the modifications specified in the corrigendum.
#Tags: #RossellTechsys #PreferentialIssue #SEBIRegulation30 #EGMNotice #CorporateDisclosure