Please find attached the corrigendum to the Postal Ballot notice.
Awaiting price reaction for this filing.
Harmony Capital Services Ltd has issued a corrigendum to its Postal Ballot Notice dated 02 December 2025, clarifying details of a proposed preferential issue of up to 91,26,000 equity shares at ₹10 per share (face value), aggregating to about ₹9.13 crore, to be allotted to 32 persons from the Non-Promoter Public Category. Notably, two of these allottees — Rajesh Ghosh (28 lakh shares, 23.09%) and Dorni Vinimoy Pvt Ltd with Upendra Choudhary as ultimate beneficial owner (27 lakh shares, 22.26%) — will be classified as Promoters post-allotment, together holding roughly 45.35% of the expanded capital. The proceeds are intended for business expansion, working capital, and general corporate purposes. The Relevant Date has been fixed as 02 December 2025, and the last date for remote e-voting is 01 January 2026.
Existing public shareholders will face significant dilution as the share count expands to accommodate the preferential issue. More importantly, the entry of two new allottees as Promoters with a combined ~45% stake signals a likely change in control of the company, which is a material event for current shareholders to review before voting on the postal ballot resolution.