Copy of the email communication to the Shareholders covering the Notice of the EGM convened on 11-Jun-26 are submitted herewith under Regulation 30 of SEBI LODR.
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Sumedha Fiscal Services Ltd has called an EGM on June 11, 2026 to seek shareholder approval for two preferential issues. First, the company plans to issue up to 4 lakh equity shares at Rs 41.05 per share (face value Rs 10 + premium Rs 31.05), raising approximately Rs 1.64 crore. Of these shares, 1 lakh will go to promoter Mrs. Savita Maheshwari and 3 lakh to non-promoter Oasis Securities Limited. Second, the company will issue up to 2.5 lakh fully convertible warrants to promoter Mrs. Savita Maheshwari at Rs 41.05 each, raising about Rs 1.03 crore. Warrant holders can convert to equity shares within 18 months by paying the remaining 75% of the issue price. The relevant date for pricing is May 12, 2026. Remote e-voting runs from June 8-10, 2026, with a cut-off date of June 4, 2026.
This preferential issue will dilute existing shareholder equity. If both equity shares and warrants are fully converted, up to 6.5 lakh new shares could be issued, increasing the share count significantly. The Rs 2.67 crore total fundraising provides capital but creates uncertainty about exact final share count and ownership percentages.