Summary of Proposed Resolutions and Corrections
The corrigendum provides corrections to Resolution No. 3 and its explanatory statement concerning a preferential allotment of equity shares through a share swap arrangement. The key corrections are:
Correction to Allottee Details and Share Quantities:
- The table detailing proposed allottees and number of shares to be swapped and allotted is corrected as follows:
- Avenir Oil Field Equipment L.L.C, UAE: 3 equity shares to be swapped for 5,10,00,000 (51,000,000) equity shares of SEPC Limited
- Tranvel Holidays Private Limited: 44 equity shares to be swapped for 74,80,00,000 (748,000,000) equity shares of SEPC Limited
- Zoomstud Impex Private Limited: 43 equity shares to be swapped for 73,10,00,000 (731,000,000) equity shares of SEPC Limited
- Total equity shares to be allotted: 1,53,00,00,000 (1,530,000,000) shares
Correction to Web Links:
- The web link for the Valuation Report and the Certificate of a Practicing Company Secretary is corrected to: https://www.sepc.in/CompaniesAct-and-SEBI-Compliances.aspx
Correction to Allottee Identity and Ultimate Beneficial Owners:
- The identity of proposed allottees and their ultimate beneficial owners is corrected as follows:
- Avenir Oil Field Equipment L.L.C, UAE (Non-promoter): Ultimate beneficial owner - Uma Gunaseelan; Current shares: 0 (0%); Post-issue shares: 51,000,000 (1.47%); Category: Non-promoter
- Tranvel Holidays Private Limited (Non-promoter): Ultimate beneficial owner - Abdulla Abdulrahman Yousuf Ahmed Al Nasser; Current shares: 0 (0%); Post-issue shares: 748,000,000 (21.52%); Category: Non-promoter
- Zoomstud Impex Private Limited (Non-promoter): Ultimate beneficial owner - Sultan Yousef Naser Alhosani; Current shares: 0 (0%); Post-issue shares: 731,000,000 (21.03%); Category: Non-promoter
Correction to Post-Issue Shareholding Percentage:
- The percentage of post-preferential issue capital that may be held by proposed allottees is corrected as follows (*assuming all partly paid shares converted into fully paid):
- Avenir Oil Field Equipment L.L.C, UAE: 1.47%
- Tranvel Holidays Private Limited: 21.52%
- Zoomstud Impex Private Limited: 21.03%
Publication and Availability
The corrigendum is available on the company's website at https://www.sepc.in/ and on CDSL at www.evotingindia.com. It is also being published in Business Standard (English) and Makkal Kural (Tamil) newspapers, and will be made available on the websites of BSE Limited and National Stock Exchange of India Limited.
Compliance and Signatory
The document confirms compliance with regulatory requirements and is signed by CS T Sriraman, Company Secretary and Compliance Officer (Membership No.: A68102) on behalf of SEPC Limited's Board. The date of the notice is July 22, 2026, and the place is Chennai.