In reference to the captioned subject matter and in continuation to our letter dated 22nd July, 2025, please find enclosed herewith the corrigendum to the notice of Extra Ordinary General ....
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Trishakti Industries has issued a corrigendum to the notice for its Extraordinary General Meeting (EGM) scheduled for Wednesday, August 13, 2025, at 3:00 PM via video conferencing. The corrigendum updates Annexure 1 of the Explanatory Statement, which details the proposed allotment of equity shares and warrants to various allottees. Promoter entities and individuals (Starlight Capital, Starmax Investment, Dhruv Jhanwar, Pranav Jhanwar, Sagarmal Ramesh Kumar) will receive a combined 10,00,000 warrants, with post-issue holdings ranging up to 13.88%. Non-promoters (Gautam Badalia, Prerna Badalia, Kred Hospitality LLP, Fortune Hands Growth Fund, Sandeep Kumar Jain HUF, Kaushik Kumar Sarawgi) will receive roughly 7,58,000 warrants and 1,46,000 equity shares combined. In total, about 16,18,000 warrants and 1,46,000 equity shares are proposed for allotment. All other contents of the original EGM notice remain unchanged.
This signals a preferential issue that will dilute existing shareholders' stakes, though promoter participation suggests insider confidence in the company. Shareholders should review the corrigendum before the August 13 EGM, where they will vote on approving the allotments.