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Unicommerce Esolutions LimitedOthers, 18-04-2025: Corrigendum

18-04-2025 | 09:27 pm

Unicommerce eSolutions Ltd. has issued a corrigendum to its Postal Ballot Notice, originally sent to shareholders on March 20, 2025. The updates clarify the terms regarding the preferential allotment of equity shares. Specifically, the company plans to issue approximately 6,033,189 shares at ₹155.80 each, in exchange for acquiring a 52.49% stake in Shipway Technology Private Limited. Shareholders who voted prior to this corrigendum will have an opportunity to cast their votes again until April 19, 2025. This update may enhance investor confidence by clarifying the terms of the equity issue but presents a potential risk as the share allotment is part of a non-cash transaction.

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