We have attached Corrigendum to the Notice of AGM.
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Bizotic Commercial has issued a corrigendum to its AGM notice (originally dated 3rd September 2025, AGM held on 30th September 2025) following a query from BSE dated 2nd February 2026. The revisions update Point Nos. 20 and 21 of the Explanatory Statement to Resolution No. 5, which deals with the issue of convertible warrants to promoter and promoter group entities on a preferential basis. Under the revised disclosure, 16,02,000 equity shares will be allotted upon warrant conversion to five promoter/promoter group entities, including the promoter Sangita Annmol Aggarwala (2,52,000 shares) and four promoter group companies (Bizotic Dynamics, India, Industries, and Nexus). Promoter group shareholding will rise from 69.97% to 74.96% post-issue, with no change in management or control. Shareholders have until 11th February 2026 (11:59 PM) to submit queries or concerns via email.
Minor dilution for non-promoter public shareholders as the promoter group's combined stake rises by about 5 percentage points to nearly 75%. The corrigendum signals BSE's active scrutiny of the preferential issue disclosures, though management control remains unchanged, which is generally a neutral-to-slightly-negative signal for minority shareholders.