Corrigendum to EGM notice - revised warrant issue size and allottee list
KHADIM · price
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Khadim India issued a corrigendum to its August 1, 2026 EGM notice. Preferential issue of fully convertible equity warrants revised down to 10,22,727 warrants at Rs 110 each, aggregating about Rs 11.25 crore. Allottee Ms. Palak Sanjay Agarwal removed due to disqualification. Promoter Siddhartha Roy Burman to subscribe 2,27,273 warrants. Funds for working capital, business expansion, and warehouse land purchase. No change in control.
Slightly smaller preferential issue than originally proposed. Existing shareholders face mild dilution; promoter retaining stake. No change in company control.