Announced Mon, 9 Feb · 15:44 IST

We hereby attached Corrigendum dated 9th February, 2026 to the Notice of AGM.

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bizotic Commercial Ltd has issued a corrigendum dated 9th February 2026 to its AGM Notice originally dated 3rd September 2025, following queries raised by BSE on 2nd February 2026. The revisions are made to Point Nos. 20 and 21 of the Explanatory Statement to Resolution No. 5, which pertains to the issue of 16,02,000 convertible warrants on a preferential basis to the Promoter and Promoter Group. The allottees include Sangita Annmol Aggarwala (2,52,000 warrants) and four promoter group entities — Bizotic Dynamics (2,00,000), Bizotic India (2,32,000), Bizotic Industries (3,44,000) and Bizotic Nexus (5,74,000). Post-allotment, combined promoter group shareholding will rise from 69.97% (56,25,800 shares) to 74.96% (72,27,800 shares), an increase of about 5%. The company clarified there is no change in management or control. Shareholders can submit queries, questions or concerns via email up to 11th February 2026 at 11:59 PM. All other contents of the original AGM Notice remain unchanged.

Likely market impact

This is a disclosure-correction filing with no change to the underlying preferential issue. The allotment of 16.02 lakh warrants to the promoter group will dilute public shareholders' stake by roughly 5% and consolidate promoter holding to nearly 75%, but management control remains unchanged. Near-term price impact is likely minimal unless BSE raises further objections or shareholders raise material concerns by 11th February.