Notice of Extra-Ordinary General Meeting will be held on November 03, 2011, attached Notice of EGM.
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Awaiting price reaction for this filing.
Hari Govind International Ltd has called an Extra-Ordinary General Meeting on November 3, 2025, to seek shareholder ratification for a preferential allotment of 6,67,500 equity shares (face value ₹10) already issued on August 16, 2025 at ₹10 per share, totalling ₹66.75 lakhs. The shares were allotted to four non-promoter allottees: Kavicharla Kasi Ratnam (3,00,000), Kavicherla A S V Ramana (2,50,000), Sameep Satish Uchil (87,500), and Ajit Kumar (30,000). The allotment was made 2 days after the SEBI-mandated 15-day window under Regulation 170(1) of the ICDR Regulations, prompting BSE to require ratification under Regulation 170(2). The proceeds are earmarked for opening new retail stores across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala, plus working capital needs. Remote e-voting runs from October 31 to November 2, 2025.
If approved, this formalises a modest ~5.2% expansion of share capital and dilutes promoter holding from 66.82% to 61.58%. The regulatory delay is being regularised and is unlikely to materially affect the stock price on approval, though it flags a minor compliance lapse worth noting.