We hereby attached the corrigendum of notice of Extra Ordinary General Meeting of the Company.
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Starlineps Enterprises has issued a corrigendum to the EGM notice originally sent on 30 January 2026, just one day before the meeting scheduled for 24 February 2026 at 1:00 p.m. via video conferencing. The corrigendum updates the Explanatory Statement of Resolutions 3 and 4 (specifically Point 7), which relate to a preferential issue of equity shares and convertible warrants. The disclosed table shows one proposed allottee, Nirmalkumar Jain (Non-Promoter), who currently holds 2,45,000 shares (0.07%), will be allotted 4,16,665 equity shares, taking his holding to 6,61,665 shares (0.07%) assuming full conversion of the total 48,00,00,000 (4.8 crore) warrants into equity. All other items in the original EGM notice remain unchanged.
The corrigendum confirms a large fundraising exercise via preferential allotments and convertible warrants, which could lead to significant dilution for existing shareholders once the 4.8 crore warrants are converted into equity. The last-minute revision, while procedural, means shareholders voting at the EGM should review the updated details carefully.