Shanti Overseas (India) Limited — Important, 14-04-2025: General Updates

The company has provided clarification regarding a clerical and typographical error in a prior disclosure related to the issuance of Optionally Convertible Debentures (OCDs) to its wholly-owned subsidiary, M/s Shaan Agro Oils & Extractions Private Limited. The original disclosure incorrectly stated the nature of the transaction. The correction now reflects that the company will invest up to Rs. 3 crore through the subscription of OCDs, converting existing loans and outstanding balances with the subsidiary. This rectification ensures accurate representation of the transaction, although there are no other changes to the announcement. Investors should note this clarification as part of the company's ongoing financial commitments and its approach to subsidiary funding.