Corrigendum to Postal Ballot notice dated 14.08.2025
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Supra Pacific Financial Services has issued a corrigendum to its August 14, 2025 postal ballot notice, making two corrections. First, Mr. Joby George and Mr. Sandeep Babu have been reclassified from 'Public' to 'Promoter' category wherever their names appear. Second, the authorized capital increase wording has been corrected from 'additional 25,00,00,000 equity shares' to 'additional equity shares of ₹25,00,00,000 divided into 2,50,00,000 equity shares of ₹10 each.' The underlying postal ballot contains three resolutions: increasing authorized share capital from ₹50 Cr to ₹75 Cr, issuing 1,31,21,442 shares at ₹30.50/share (~₹40.02 Cr) to The Central Financial Credit Co-operative for land/building acquisition, and issuing 98,91,227 shares at ₹30.50/share (~₹30.17 Cr) to 104 promoter and public allottees.
Shareholders should review the corrigendum before casting their votes by September 19, 2025. The promoter reclassification could be significant as it affects whether the preferential issue to these two allottees counts toward promoter quota and may impact voting arithmetic on related-party resolutions. Substantive terms of the resolutions remain unchanged.