news paper advertisement (as attached) in respect of corrigendum to the Notice of Annual General Meeting of the Company
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Remi Edelstahl Tubulars has issued a corrigendum to the AGM notice originally sent to shareholders on August 5, 2025, ahead of the AGM scheduled for August 28, 2025. The correction fixes a typographical error in the shareholding pattern table for the proposed preferential issue: the number of equity shares to be allotted to promoter body corporates was wrongly stated as '5,00,00' instead of the correct figure of '5,00,000' (5 lakh shares). The corrigendum also provides additional clarity on the Ultimate Beneficial Owners (UBOs) of allottee Remi Finance & Investment Private Limited (RFIPL), stating that since no single individual holds more than 10%, the two promoter directors Mr. Rishabh Saraf and Mr. Ritvik Saraf will be treated as UBOs. The underlying preferential issue involves 11,95,893 equity shares and 6,69,226 convertible warrants, taking total shares from 1,09,82,400 to 1,28,47,519 (post-issue promoter holding at 67.73%).
This is a procedural correction with no change in the actual number of shares, percentages, or post-issue shareholding pattern. Shareholders voting on the preferential issue resolutions at the August 28 AGM should read the AGM notice along with this corrigendum. No material impact on the stock is expected from the correction itself.