Corrigendum to Postal Ballot - Rs 10 Crore Related Party Acquisition
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Jagsonpal corrigendum fixes a typo in its 7 Oct 2026 postal ballot notice: total prior transactions with Elanistech Private Limited in FY 2025-26 were wrongly noted as Rs 72.48 Crores and now stand corrected to Rs 7.248 Crores. The ballot seeks shareholder approval for a Business Transfer Agreement to acquire software platform, assets, brands, IP and team from Elanistech for Rs 10 Crores. Promoter and MD Karthik Srinivasan holds 99.99 percent of Elanistech, making this a related party deal. E-voting runs 8 Oct to 6 Nov 2026.
Related party acquisition worth Rs 10 Crores needs shareholder nod; corrigendum only fixes a typo, material terms and price unchanged.