CORRECTION IN EXPLANATORY STATEMENT OF NOTICE OF EXTRA- ORDINARY GENERAL MEETING HELD ON NOVEMBER 21, 2025.
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Ramchandra Leasing & Finance has informed the stock exchange about a clerical/typographical error found in the explanatory statement attached to the notice of its Extraordinary General Meeting (EGM) held on November 21, 2025. The correction pertains to the pre-preferential and post-holding share details of four proposed warrant allottees: Akhil Mittal (2.22 crore pre, 2.97 crore post, 15.26%), Madhur Bansal (100 pre, 35 lakh post, 1.79%), Ridhima Agrawal (9,000 pre, 22.59 lakh post, 1.16%), and Bhupinder Singh (47,204 pre, 10.47 lakh post, 0.54%). The company has clarified that this correction does not change the substance of the resolutions passed at the EGM, does not affect shareholder interests, and the issue price remains unchanged.
This is a routine administrative correction with no material impact on shareholders or the company's operations. The resolutions approved at the EGM remain valid, and the warrant allotment process and pricing are unaffected. Investors need not take any action.