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Suditi Industries LtdImportant, 09-01-2026: Company Update

09-01-2026 | 06:48 pm

The company has issued a corrigendum to its Extra Ordinary General Meeting (EGM) notice. The proposed fundraise under Resolution No. 02 has been significantly reduced from 500 Cr to 100 Cr. The utilization plan for approximately 42.97 Cr from the issue proceeds has been detailed: 15.33 Cr for capital investment, 16.90 Cr for working capital, and 10.74 Cr for general corporate purposes. Additionally, a proposed non-promoter allottee for warrants was disqualified and replaced, leading to a revised list of allottees and an updated shareholding pattern post-preferential issue. This provides clarity on future funding and ownership structure.

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