CORRIGENDUM TO THE NOTICE OF EXTRA-ORDINARY GENERAL MEETING TO BE HELD ON 09-02-2026
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Sanchay Finvest Limited has issued a corrigendum (correction notice) to its earlier EGM notice dated 5 January 2026, ahead of the EGM scheduled for 9 February 2026 at 3:00 PM at its registered office in Indore. The corrigendum, approved by the Board on 30 January 2026, is being issued mainly to add a new allottee to the company's proposed preferential issue and to fix typographical and unclear paragraphs in the original notice. The key financial change is an increase in the company's authorised share capital from Rs. 12 crore to Rs. 14 crore — equity shares are being raised from 80 lakh to 1 crore (face value Rs. 10 each), while non-cumulative redeemable preference shares remain unchanged at 4 lakh shares of Rs. 100 each. The company has also confirmed that the total preferential allotment in this financial year (FY2025-26) exceeds 5% of the post-issue fully diluted share capital. The corrigendum is being emailed to members and uploaded on the BSE and company websites.
Existing shareholders should note that the preferential issue now includes an additional allottee, which could lead to further dilution of their stake. The hike in authorised capital gives the company more headroom to issue new equity, signalling continued fundraising activity. Shareholders are advised to review the corrected EGM notice before the 9 February 2026 meeting as their vote will apply to the revised proposal.