Euro India Fresh Foods Limited Updates Preferential Issue: Modifies Equity Allottees List and Approves EGM Corrigendum

Euro India Fresh Foods Limited Updates Preferential Issue: Modifies Equity Allottees List and Approves EGM Corrigendum​

Euro India Fresh Foods Limited has announced updates regarding its ongoing preferential issue of equity shares and warrants, including modifications to the list of proposed allottees. The company confirmed that certain individuals were removed from the list due to ineligibility and introduced new replacements for their allocations.

The Board of Directors approved these changes following a meeting held on July 9, 2026. These adjustments are subject to shareholder approval at the forthcoming Extra-Ordinary General Meeting (EGM) scheduled for July 17, 2026.

Changes in Equity Share Allottees​

The company confirmed that due to eligibility constraints, several existing proposed allottees were removed from the list of recipients for equity shares and warrants. The Board subsequently approved replacing these ineligible individuals with newly listed proposed allottees.

Details regarding the replacement include:


The company stated that aside from these specific changes, no other modifications were made to the previously disclosed list of proposed allottees.

Preferential Allotment Details​

Details pertaining to both the equity shares and warrants issuance were provided, with a focus on the total quantities issued and the issue price.

For the equity shares, the company issued 21,10,000 shares of face value Rs. 10/- at an issue price of Rs. 245/- (which includes a premium of Rs. 235/-). The issuance aggregated up to Rs. 51,69,50,000/-, and the total number of proposed allottees was Eighty Two.

For the warrants, the company issued 19,30,000 units each convertible into fully paid up equity shares of face value Rs. 10/- at an issue price of Rs. 245/- (including a premium of Rs. 235/-). The total issuance for warrants aggregated up to Rs. 47,28,50,000/-, with twenty proposed allottees in this category.

Equity Shares Allotment Details​

The following table details the allotment of equity shares to selected non-promoters from the issue:


A full list of the forty-five proposed allottees for equity shares was detailed in internal records.

Warrants Allotment Details​

The following table details the allotment of warrants to selected non-promoters from the issue:

EGM Corrigendum Approved​

The Board also approved the Corrigendum to the EGM Notice scheduled for July 17, 2026. This corrigendum addresses observations made by the National Stock Exchange (NSE) and forms an integral part of the EGM notice that will be sent to shareholders in due course.

The board meeting commenced at 02:00 P.M. and concluded at 03:10 P.M.

EIFFL Stock Price Movement​

Today, shares of Euro India Fresh Foods Limited edged higher to settle at ₹316.25, gaining 2.52% in a positive close. The equity recorded a volume of 12,161 shares during trading today.