ALPHA TRIBE

Sanchay Finvest LtdImportant, 03-02-2026: Company Update

03-02-2026 | 05:22 pm

Sanchay Finvest has issued a corrigendum to its upcoming Extra-Ordinary General Meeting (EGM) notice. The company plans to increase its authorized share capital from ₹12 Cr to ₹14 Cr. Additionally, the preferential issue to non-promoters has been revised upwards, now involving up to 61.00 lakh equity shares for ₹6.10 Cr, an increase from the previously planned 48.50 lakh shares for ₹4.85 Cr. This revision incorporates a new allottee and adjusts the overall share allocation. The proceeds will fund working capital and general corporate purposes. The post-issue shareholding pattern will reflect these changes, impacting promoter and non-promoter stakes.

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