Submission of Corrigendum to the Notice of Extra-Ordinary General Meeting held on 21st November, 2025
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Vani Commercials has submitted a corrigendum to the notice of its EGM held on November 21, 2025, after BSE pointed out clerical errors in Resolution No. 4. The correction fixes the total consideration figure from Rs. 38,68,99,883 to Rs. 38,68,99,860 and provides clearer breakdown of the 26 proposed allottees. The preferential issue involves 3,22,41,655 equity shares at Rs. 12 each (Rs. 10 face value + Rs. 2 premium), split across three categories: 1,83,91,657 shares for cash (Rs. 22.07 crore to 23 allottees), 31,91,666 shares for full loan conversion (Rs. 3.83 crore to 1 allottee), and 1,06,58,332 shares for partial cash plus loan conversion (Rs. 12.79 crore to 2 allottees). The company, an NBFC, has no promoter and directors/KMPs are not subscribing. A fresh 3-day remote e-voting window is open from January 31 to February 2, 2026 for shareholders on record as of January 23, 2026, regardless of whether they voted at the original EGM.
This is mainly a procedural correction rather than a new decision, but the underlying preferential issue is large at roughly 74% of post-issue capital, which means significant potential dilution for existing shareholders. No change of control is triggered. Shareholders get a second chance to vote on the corrected terms, and the corrigendum signals tighter regulatory scrutiny from the exchange on preferential allotment disclosures.