Pursuant to Reg 47 of SEBI (LODR) Reg 2015, we are enclosing the copies of newspaper advertisement published in Financial Express and Mumbai Lakshdweep.
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Awaiting price reaction for this filing.
Supra Pacific Financial Services has published a Postal Ballot Notice in Financial Express and Mumbai Lakshdweep, seeking shareholder approval for a special resolution to issue, create and allot 33,27,778 equity shares to public (non-promoter) on a preferential basis. The notice has been sent electronically to members whose email IDs are registered with depositories. E-voting commenced on April 11, 2025 at 9:00 AM and ends on May 10, 2025 at 5:00 PM, with results to be announced on or before May 13, 2025. The cut-off date for voting eligibility is April 4, 2025, and Mr. Vivekkumar, Practicing Company Secretary, has been appointed as scrutinizer.
If approved, this preferential allotment will increase the company's equity base and lead to dilution of existing shareholders. Shareholders should review the issue price and allotment terms, as preferential issues typically come at a discount to market price and affect per-share value.