Announced Wed, 10 Sept · 10:33 IST

This is inform you that the Company has circulated Corrigendum to the Notice of Postal Ballot Notice dated 14th August, 2025

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Awaiting price reaction for this filing.

AI summary

Vikram Kamats Hospitality Ltd has issued a corrigendum to its earlier Postal Ballot notice (dated 14 August 2025) to correct and clarify certain details in Item No. 1 (points 9, 10, and 12) relating to a proposed preferential allotment of equity shares. The shares are proposed to be allotted entirely to Non-Promoter category allottees: KSK Energy Company Private Limited (6,66,670 shares, 3.89%), Pravan Holdings LLP (6,66,670 shares, 3.89%), Sunil Dhawan HUF (13,330 shares, 0.08%), and Rahul Anant Joshi (13,330 shares, 0.08%). The total issuance of 13,60,000 shares will increase the equity base from 1,57,75,865 to 1,71,35,865 shares. As a result of this preferential issue, promoter shareholding will dilute from 54.26% to 49.95%, while non-promoter shareholding rises from 45.74% to 50.05%.

Likely market impact

This is a clarification document, not a new approval. Shareholders should note that the preferential issue will dilute promoter stake by about 4.3 percentage points. The actual shareholder vote on this postal ballot remains pending and investors should watch for the voting results and revised timeline.