JHS Svendgaard Retail Ventures Limited — Others, 28-03-2025: Corrigendum

A corrigendum has been issued regarding the notice for the Extra-Ordinary General Meeting (EGM) scheduled for April 3, 2025. Key revisions include the removal of the "Interim Use of Proceeds" clause from the Objects of the Preferential Issue. Updated shareholding patterns detail projections for both pre-issue and post-preferential issue scenarios, highlighting expectations for promoter and public shareholding.

The item concerning the percentage of post-preferential issue capital held by allottees includes specifics for individuals receiving new shares, revealing potential shifts in ownership structure. The lock-in periods for certain shareholders have also been outlined, ensuring compliance with relevant regulatory requirements.

Additionally, the minimum issue price for the warrants has been confirmed at ₹45, positioning the company favorably regarding its fundraising strategy. Stakeholders should monitor this EGM closely, as it will provide insights into the company's direction and financial structuring.