Corrigendum to Postal Ballot Notice dated 24th February 2026
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Awaiting price reaction for this filing.
Tejassvi Aaharam Ltd has issued a corrigendum to its 24 February 2026 postal ballot notice after BSE raised clarifications while processing the company's application for in-principle approval of a proposed preferential share issue. The corrigendum revises disclosures in Item No. 2 of the explanatory statement, relating to the company's planned acquisition of Funk Foods Private Limited through a share swap. The swap ratio is fixed at 15.195 shares of Tejassvi Aaharam for every 1 share of Funk Foods, with the deal aimed at expanding into food products manufacturing and distribution. Three non-promoter entities (Rajat Chakra Credit and Holdings, Sipping Spirits, and Saranga Investments and Consultancy) will receive a combined ~3.27 crore shares, bringing total share count to about 5.82 crore post-issue. Notably, promoter holding is set to jump from 0% to 72.55% post-issue, signalling a major change in ownership structure.
Shareholders should review the revised disclosures carefully, as the corrigendum introduces a new promoter group with 72.55% post-issue holding, which may lead to significant changes in control and dilute existing public shareholders from 100% to 27.45%. The proposed acquisition of Funk Foods could reshape the company's business direction, but the steep promoter entry and concentrated allotment warrant close attention before voting.