Key Revised Details

The following key details from the EGM notice have been revised:

  • Price per equity share: Revised from ₹10.00 to ₹10.07
  • Total number of equity shares: Revised from 4,67,70,300 to 4,64,45,183
  • Aggregate consideration: Revised from ₹46,77,03,000 to ₹46,77,02,993

Consequential changes have been made in the allottee-wise share details, Explanatory Statement, shareholding pattern, and post-issue shareholding tables.

Allottee-Wise Breakdown (Revised)

The preferential allotment is to seven non-promoter body corporates towards the conversion of outstanding unsecured loans. The revised allotment details are:

| Sr. No. | Name of Proposed Allottee | PAN | No. of Equity Shares | Total Amount (₹) |

| 1 | Balaji Forex India Private Limited | AACCB9898C | 58,83,018 | 5,92,41,991 |

| 2 | Blackberry Sarees Private Limited | AABCU0803F | 38,96,922 | 3,92,42,005 |

| 3 | Comely Electrical Private Limited | AAHCP0529K | 64,39,126 | 6,48,41,999 |

| 4 | Matrix Life Care Private Limited | AAFCM5612E | 72,73,287 | 7,32,42,000 |

| 5 | Morning Vinimay Private Limited | AAECM2977R | 81,67,031 | 8,22,42,002 |

| 6 | Tripurari Dealtrade Private Limited | AADCT8757F | 53,86,494 | 5,42,41,995 |

| 7 | Integrated Proteins Limited | AAACI7932G | 93,99,305 | 9,46,51,001 |

| Total | | | 4,64,45,183 | 46,77,02,993 |

Objects of the Issue and Utilization Timeline (Revised)

The objects for utilizing the proceeds from the preferential issue (conversion of loan) remain unchanged, with minor adjustments to the amounts:

| S.N. | Particulars | Total Amount (₹) | Tentative Timelines |

| 1 | To acquire land and logistic park development under MOU by way of capital contribution | 23,43,89,300 | Upto March, 2025 |

| 2 | To invest in fertilizer business by way of strategic investment in capital | 18,94,39,993 | Upto March, 2025 |

| 3 | To meet Working Capital requirement of the company | 4,38,73,700 | Upto March, 2025 |

| Total | | 46,77,02,993 | |

Impact on Capital Structure and Shareholding

Pre-Issue Share Capital: 3,89,600 shares

Post-Issue Share Capital: 4,68,34,783 shares

The revision results in a minor change to the post-issue shareholding pattern. The holding of 'Bodies Corporate' (the allottees) post-issue is revised to 4,64,98,983 shares, representing 99.28% of the total paid-up capital, compared to the previously stated 4,68,24,100 shares (99.29%). The promoter holding post-issue remains 80,000 shares, but its percentage dilutes to 0.17% from the pre-issue 20.53%.

Overall Impact and Rationale

The company states there is no material change in the structure, object, or overall size of the preferential issue. The revision is purely consequential to the correction of the minimum issue price determined under SEBI (ICDR) Regulations. All other terms and conditions approved by the shareholders remain unchanged. There is no material change in the control or management of the company pursuant to these corrections.

Approval and Submission

The Board of Directors of the company approved this 'Statement of material change' at its meeting held on July 4, 2026. The revised EGM notice along with this statement has been uploaded on the company's website and submitted to BSE Limited.