Lippi Systems Limited issued a corrigendum to its Notice dated August 27, 2026, convening the 33rd Annual General Meeting (AGM) of members. The AGM is scheduled to be held on Wednesday, September 30, 2026, at 11:30 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The AGM Notice and Annual Report were dispatched to shareholders via electronic mode on September 8, 2026.

A typographical error was identified in Item No. 17 of the Special Business and its corresponding Explanatory Statement regarding the "Approval of Limits for Borrowing Powers and Creation of Charges on the Company's Assets under Section 180 of the Companies Act, 2013." The text erroneously mentioned a limit of ₹500 Crores instead of the actual proposed limit of ₹50 Crores.

Specific Corrections Made:

A. Amendment to the Resolution Text (Item No. 17):

  • In the first paragraph of Item No. 17 (Page 23): The line "...provided that the total aggregate amount so borrowed and outstanding at any single point in time shall not exceed ₹500 Crores (Rupees Five Hundred Crores only)." has been corrected to read: "...provided that the total aggregate amount so borrowed and outstanding at any single point in time shall not exceed ₹50 Crores (Rupees Fifty Crores only)."
  • In the second paragraph of Item No. 17 (Page 23): The line "...up to the overall borrowing limit of ₹500 Crores, to secure the repayment of loans..." has been corrected to read: "...up to the overall borrowing limit of ₹50 Crores, to secure the repayment of loans..."

B. Amendment to Explanatory Statement pursuant to Section 102 of the Companies Act, 2013:

  • In the first paragraph of Item No. 17 (Page 78): The line "...The Board seeks Member approval via a Special Resolution to increase the maximum aggregate borrowing threshold of the Company up to ₹500 Crores (Rupees Five Hundred Crores only) …" has been corrected to read: "…The Board seeks Member approval via a Special Resolution to increase the maximum aggregate borrowing threshold of the Company up to ₹50 Crores (Rupees Fifty Crores only) …"
  • In the fourth paragraph of Item No. 17 (Page 79): The line "...optimal mix of equity and debt, the Board requires broad financial agility. Setting an overall cap of ₹500 Crores ensures..." has been corrected to read: "...optimal mix of equity and debt, the Board requires broad financial agility. Setting an overall cap of ₹50 Crores ensures…"

This Corrigendum was approved by the Board of Directors on September 10, 2026, and forms an integral part of the AGM Notice dated August 27, 2026. All other contents, resolutions, and the remote e-voting period (September 27 to September 29, 2026) remain completely unchanged.

The document is signed by Jagdish Dholu, Managing Director (DIN: 06683968), on behalf of the Board of Directors.