Beezaasan Explotech Limited has issued a second corrigendum to the notice convening its Extra-Ordinary General Meeting (EGM). The meeting is scheduled for Tuesday, October 13, 2026, at 3:00 pm (IST) via Video Conferencing or Other Audio Visual Means.

The company stated that the second corrigendum forms an integral part of the original EGM notice dated September 18, 2026. All other contents of the notice, including the date, time, cut-off date, and remote e-voting period, remain unchanged. Members are advised to read the EGM notice together with the addendum before exercising their voting rights.

Procedural details and compliance

The corrigendum was filed pursuant to Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements regarding the second addendum were published in Free Press Gujarat (English) and Lokmitra (Gujarati). The document was sent electronically to members whose email addresses are registered with the company, depositories, or the Registrar and Transfer Agent.

The corrigendum is also available on the company's website and the BSE Limited website. The filing was signed by Aakansha Kamley, Company Secretary and Compliance Officer, on October 7, 2026.

Other market disclosures

In unrelated filings, ICICI Home Finance issued physical possession notices for properties in Patan and Mehsana, Gujarat, under the Securitisation Act. Western Railway announced e-auctions for parcel leasing contracts in Ahmedabad and tender notices for CCTV provision in Vadodara. These administrative updates do not impact Beezaasan's corporate governance timeline.

Beezaasan Explotech has issued a second corrigendum to its Extraordinary General Meeting notice, proposing a preferential issue of up to 5,13,772 equity shares. The company aims to raise ₹29.28 crore specifically to augment long-term working capital requirements.

The EGM is scheduled for October 13, 2026, at 3:00 pm through video conferencing. The corrigendum clarifies the utilization of proceeds and updates the shareholding pattern disclosures. All other contents of the original notice dated September 18, 2026, remain unchanged.

Utilization of Proceeds

The entire amount raised from the preferential issue is earmarked for working capital needs over a 12-month period from the date of allotment. This funding will support existing and growing manufacturing operations, including procurement of raw materials, chemicals, packing materials, and consumables. It will also help maintain adequate inventory levels and meet trade receivables and vendor payment obligations.

The company explicitly stated that proceeds will not be used for investment in or dealing with Virtual Digital Assets. Pending utilization, funds may be temporarily deployed in permitted instruments or deposits as per applicable laws.

Shareholding Pattern Changes

The preferential issue will dilute the promoter group's holding while increasing public shareholding. Promoter and promoter group shareholding will decrease from 74.99% to 72.54%, as their absolute holding remains constant at 1,13,63,621 shares. Public shareholding will rise from 25.01% to 27.46% due to the new allotment.

Key changes in the post-issue structure include:

• Promoter Group: Holding remains at 1,13,63,621 shares (72.54%).
• Public: Total holding increases to 43,01,925 shares (27.46%).
• Total Capital: Increases from 1,51,51,774 shares to 1,56,65,546 shares.

Proposed Allottees

The corrigendum details specific allottees who will subscribe to the new equity shares. Notably, Ashish Kacholia, currently holding no shares, is proposed to receive 3,42,637 shares, representing 2.19% of the post-issue capital. Other allottees include Kadayam Ramanathan Bharat, who already holds 1,80,000 shares, and Ashika Global Securities Limited.

Regulatory Compliance and Control

The company confirmed there will be no change in management or control pursuant to this issue. The allotment must be completed within 15 days of the special resolution passing, subject to regulatory approvals under SEBI ICDR Regulations. A practicing company secretary has certified compliance with Chapter V of the SEBI ICDR Regulations. The updated notice is available on the company website and BSE Limited's platform.