Super Crop Safe Ltd Revises EGM Notice for Preferential Issue Following Clerical Corrections

Super Crop Safe Ltd Revises EGM Notice for Preferential Issue Following Clerical Corrections

Super Crop Safe Ltd Revises EGM Notice for Preferential Issue Following Clerical Corrections​

Super Crop Safe Limited has issued revisions to its notice of the Extra Ordinary General Meeting (EGM) held on Monday, January 19, 2026, pertaining to a preferential issue approved by shareholders. These changes involve clerical and arithmetical corrections related to the issuance details, specifically concerning the total number of equity shares and the corresponding consideration amount.

The revisions clarify the terms of the preferential issue detailed in Resolution No. 2 and the Explanatory Statement under Section 102 of the Companies Act, 2013. The key revised figures are as follows:

  • The total number of equity shares has been revised from 1,17,44,731 to 1,17,44,722.
  • The total consideration has been adjusted from Rs. 15,26,81,500 to Rs. 15,26,81,386.

These changes necessitate consequential updates across all relevant documents, including the Explanatory Statement, Allottee-wise share details, Shareholding pattern, and Post-issue shareholding. The company confirmed that there is no change in the structure, object, or overall size of the preferential issue, noting that the revisions are purely clerical and arithmetical in nature. Furthermore, the corrections do not impact the control or management of Super Crop Safe Limited.

Shareholding Structure Updates​

The corrections also impacted various aspects of the pre-issue and post-issue shareholding patterns. The details provided show changes in specific allocations:

CategoryPre-Issue Shares (Number)Post-Issue Shares (Number)
Total Equity Shares (Prior to revision)1,17,44,7311,17,44,722
Total Consideration (Prior to revision)Rs. 15,26,81,500Rs. 15,26,81,386

The post-issue shareholding data reflects changes across various shareholder categories:

Shareholder CategoryPre-Issue Shareholding (Number)Post-Issue Shareholding (Number)
Individuals/Hindu undivided Family (Promoter Group)1,31,56,5891,31,56,589
Resident Individualsholding nominal sharecapital up to Rs. 2 lakhs1,87,19,6391,87,19,639
Resident Individuals holding nominal sharecapital in excess of Rs. 2 lakhs59,08,5951,38,07,172
Non-Resident Indians (NRIs)2,75,3212,75,321

The company ensured that the updated EGM Notice is available on its website.

Stock Price Movement​

At the close of trade on Friday, Super Crop Safe Ltd settled at ₹9.21, shedding 4.95% in value. The shares showed significant intraday movement, trading within a range between an high of ₹9.80 and a low of ₹9.05.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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