Key Quantitative Changes
Revision of Issue Size & Number of Equity Shares
| Particulars | As per Letter of Offer (Oct 08, 2026) | As Revised by Corrigendum |
| Total Rights Equity Shares to be issued | Up to 10,00,00,000 | Up to 9,99,36,366 |
| Issue Size | ₹12,000 Lakhs | ₹11,992.36 Lakhs |
Revised Utilization of Net Proceeds (₹ in lakhs)
| Sr. No. | Particulars | Total estimated amount to be utilized |
| 1 | Adjustment of unsecured loans of our Promoter against application money payable on subscription to Rights Entitlements | 7,500.00 |
| 2 | Funding of working capital requirements of our Company | 3,200.00 |
| 3 | General Corporate Purposes* | 1,267.36 |
| Total Net Proceeds** | | 11,967.36 |
*General corporate purposes shall not exceed 25.00% of Gross Proceeds
**Assuming full subscription and allotment
Revised Issue Schedule
| Event | Revised Date |
| Issue Opening Date | Wednesday, October 28, 2026 |
| Last date for On Market Renunciation of Rights Entitlements | Friday, November 13, 2026 |
| Last date for receiving requests for Application Form and Rights Entitlement Letter | Thursday, November 19, 2026 |
| Issue Closing Date | Thursday, November 19, 2026 |
| Finalising basis of allotment (on or about) | Friday, November 20, 2026 |
| Date of Allotment (on or about) | Monday, November 23, 2026 |
| Initiation of refunds | Monday, November 23, 2026 |
| Date of credit (on or about) | Monday, November 23, 2026 |
| Date of listing (on or about) | Wednesday, November 25, 2026 |
Rationale for Changes
The revision in number of Equity Shares from 10,00,00,000 to 9,99,36,366 is due to strict application of the Rights Entitlement ratio of 19 Equity Shares for every 25 fully paid-up Equity Shares held on the Record Date, with fractional entitlement being ignored as per the Letter of Offer provisions.
The revision in Issue Opening Date (from October 22 to October 28, 2026) and listing date (from November 23 to November 25, 2026) is to give effect to the Revised Issue Size and consequential filings/approvals with Stock Exchanges and Depositories.
Unchanged Elements
- Record Date: Thursday, October 15, 2026
- Credit of Rights Entitlements to demat accounts: Wednesday, October 21, 2026 (completed)
- RE ISIN: INE637H20024
- Rights Entitlement ratio: 19 Rights Equity Shares for every 25 fully paid-up Equity Shares
- Issue Price: ₹12 per fully paid-up Equity Share (6 times face value of ₹2)
- Objects of Issue allocation (except reduction in general corporate purposes)
- Terms and conditions of Letter of Offer (other than specified changes)
Document Availability
The corrigendum will be available on the Company's website (https://shivamautotech.com/), Registrar's website (https://www.mcsregistrars.com/), and stock exchange websites (www.nseindia.com and www.bseindia.com).
Capital Structure Impact
| Particulars | Before Issue | After Issue (assuming full subscription) |
| Equity Shares outstanding | 17,31,47,423 | 23,14,31,585 |
| Face value per share | ₹2 | ₹2 |
| Securities Premium Account | ₹5,870.12 lakhs | ₹15,863.76 lakhs |
Trading Information
Trading in Rights Entitlements on secondary market platform shall commence with revised Issue Opening Date (October 28, 2026) and close on Last date for On Market Renunciation (November 13, 2026), in accordance with SEBI Master Circular dated February 9, 2026.