Checkpoint Trends Ltd — Important, 29-01-2026: Company Update

CHECKPOINT TRENDS LIMITED issued a second corrigendum to its Extra-ordinary General Meeting (EGM) notice, providing updated details on a preferential share allotment. The company plans to raise a total of 170 Cr, with 30 Cr allocated for the Global Tobacco Legacy buyout, 97.50 Cr for working capital needs, and 42.50 Cr for general corporate purposes. The allotment includes 1,11,08,643 warrants to Mr. Pradeep Kumar, which, upon conversion to equity shares, may lead to an open offer obligation. Shareholders eligible for e-voting can cast their votes until the evening of January 31.