The enclosed corrigendum is in the relation to the Notice of the Extraordinary General Meeting submitted by the Company vide letter dated 06th November, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sattrix Information Security has issued a corrigendum to its earlier EGM notice to correct two oversights. First, an allottee (Gaurav Singh) who held 63,000 equity shares — split across CDSL (55,000 shares) and NSDL (8,000 shares) demat accounts — had only the CDSL shares locked-in, while the 8,000 NSDL shares were missed; the lock-in has now been completed on November 18, 2025. Second, a required disclosure about shareholders' approval was left out and has now been added. The corrigendum also adds a new resolution for the proposed 100% acquisition of Sattrix Software Solutions Private Limited (SSSPL) through a share-swap arrangement. The Audit Committee reviewed and recommended this deal on October 31, 2025. The EGM is scheduled for November 29, 2025.
This corrigendum fixes procedural and disclosure gaps ahead of the EGM, reducing the risk of voting or regulatory challenges. For shareholders, the key takeaway is the confirmation of a share-swap acquisition of SSSPL, which will alter the shareholding pattern significantly — promoters Sachhin Gajjar and Ronak Sachin Gajjar will see combined holdings jump from around 73.5% to roughly 75% post-issue, while existing public holders will get diluted.