ALPHA TRIBE

Slone Infosystems LimitedOthers, 31-07-2025: Corrigendum

31-07-2025 | 03:19 pm

Slone Infosystems has issued a corrigendum to its upcoming Annual General Meeting notice. This update revises details within the explanatory statement for Resolution No. 4, which concerns a preferential issue of convertible warrants to both promoter and non-promoter groups. Following this proposed issuance, the company's total shares are expected to increase from approximately 0.53 Cr to 1.10 Cr. Consequently, the promoter's stake will adjust from 73.24% to 67.15%, while public shareholding is projected to rise from 26.76% to 32.85%. The warrants are priced at Rs. 264.00 per share. This revision ensures shareholders have accurate information ahead of the AGM vote regarding the future shareholding structure.

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