Key Amendments
Amendment to Explanatory Statement for Item No. 02 (Preferential Issue of Equity Shares)
- Point No. 22 (Practicing Company Secretary's Certificate): Updated the web link/URL for the certificate issued by HSPN & Associates LLP. The certificate confirms compliance with Chapter V of SEBI (ICDR) Regulations, 2018 for the preferential issue of Swap Shares. The updated URL is: https://sharvayametals.com/wp-content/uploads/2026/10/PCSCertificateSharvaya.pdf
Amendment to Explanatory Statement for Item No. 03 (Preferential Issue of Convertible Warrants)
- Point No. 6 (Purposes or objects of offer/preferential issue): Provided detailed breakdown of the total issue proceeds of INR 11,67,84,000:
- Working Capital: INR 11,50,00,000 (98.47%) for expansion of business, including inventory, receivables, and operational expenses.
- General Corporate Purposes: INR 17,84,000 (1.53%) for ongoing general corporate exigencies, contingencies, and expenses.
- Point No. 21 (Practicing Company Secretary's Certificate): Updated the web link/URL for the certificate issued by HSPN & Associates LLP. The certificate confirms compliance with Chapter V of SEBI (ICDR) Regulations, 2018 for the preferential issue of convertible warrants. The updated URL is: https://sharvayametals.com/wp-content/uploads/2026/10/PCSCertificateSharvaya.pdf
- Point No. 28 (Identity of Natural Persons who are Ultimate Beneficial Owners): Inserted/updated UBO details for Shreyans Ravindra Katariya HUF under Sr. No. 4:
| Sr. No. | Name | Category | Ultimate Beneficial Owners | Change in Control |
| 4 | Shreyans Ravindra Katariya HUF | Promoter Group/HUF | Mr. Ravindra Shreyans Katariya (Karta) | No |
Financial Impact
Total preferential issue amount: INR 11,67,84,000 (quantified and allocated as above).