Almondz Global Securities Limited has issued a corrigendum to its Extraordinary General Meeting (EGM) notice following observations from stock exchanges NSE and BSE regarding the proposed preferential issue of convertible warrants. The corrigendum was dispatched to shareholders on April 24, 2026, and forms an integral part of the original EGM notice dated April 13, 2026.

EGM Details and Timeline

The Extraordinary General Meeting is scheduled for May 11, 2026, at 11:30 AM IST through Video Conferencing or Other Audio Visual Means. The company has established a comprehensive voting timeline for shareholders to participate in the decision-making process.

Key Modifications in Corrigendum

The corrigendum addresses specific observations raised by NSE and BSE, requiring the company to provide additional details and rectifications. Two primary modifications have been made to the special resolution and explanatory statement pertaining to Item No. 1 of the original EGM notice.

Object of the Issue

The company has clarified that the proceeds from the preferential issue will be used for repayment of unsecured loans. The loan details have been specified in the corrigendum:

Promoter Participation Details

The corrigendum has also modified the section regarding intention of promoters and key personnel to subscribe to the offer. The proposed allottee is identified as a promoter group member who intends to participate in the preferential issue. However, no other promoters, promoter group members, directors, or key managerial personnel of the company intend to subscribe to the offer.

Regulatory Compliance and Documentation

The company had filed applications with NSE and BSE seeking "In-Principle Approval" for the proposed preferential issue of convertible warrants. Following the receipt of observations from both exchanges, the company has issued this corrigendum to address the regulatory requirements and provide the necessary clarifications.

All documentation related to the EGM and corrigendum is available on multiple platforms including the company's website at www.almondzglobal.com , stock exchange websites of BSE and NSE, and CDSL's e-voting platform at www.evotingindia.com . The corrigendum ensures compliance with the Companies Act, 2013, and rules made thereunder, along with circulars issued by the Ministry of Corporate Affairs and Securities Exchange Board of India.

Shareholders are advised to consider both the original EGM notice and this corrigendum while casting their votes during the remote e-voting period or at the EGM. All other terms and contents of the original EGM notice remain unchanged except for the specific modifications outlined in the corrigendum.

Almondz Global Securities Limited has officially submitted the notice for its Extra-Ordinary General Meeting (EGM) to stock exchanges, following the board's approval of a significant Rs 25.00 crore equity share issuance through conversion of existing unsecured loan.

EGM Intimation and Notice Submission

The company submitted its formal intimation to BSE Limited and National Stock Exchange of India Limited on April 13, 2026, under reference agsl/corres/Bse/NSE/26-27/07. The notice confirms the EGM will be held on Monday, May 11, 2026, at 11:30 AM (IST) through Video Conference (VC) and Other Audio Visual Means (OAVM).

Board Approved Equity Share Issuance

The board meeting held on April 10, 2026, approved issuance of up to 1,63,18,538 fully paid-up equity shares with face value of Rs 1.00 each at an issue price of Rs 15.32 per share. The transaction involves conversion of existing unsecured loan aggregating Rs 25,00,00,000 to promoter Avonmore Capital & Management Services Limited.

Shareholding Pattern Impact

Post-allotment, the promoter's shareholding will increase from 87,40,08,454 shares (50.34%) to 1,03,72,69,92 shares (52.40%), considering the proposed allotment of 80,00,000 warrants approved by shareholders on March 27, 2026. The preferential allotment requires compliance with Section 42 and Section 62 of Companies Act, 2013, and SEBI ICDR Regulations.

Regulatory Compliance and Documentation

The EGM notice has been made available on the company's website at www.almondzglobal.com and will be sent electronically to members whose email addresses are registered with the Company, Registrar and Transfer Agent, or Depositories. The transaction requires shareholder approval through special resolution and compliance with various regulatory requirements including SEBI Master Circular dated January 30, 2026.

The detailed notice was signed by Ajay Pratap, Director Legal & Corporate Affairs & Company Secretary (DIN: 10805775), ensuring adherence to Regulation 30 of SEBI Listing Regulations for proper disclosure and transparency.