Digikore Studios Issues Corrigendum to EGM Notice for Preferential Equity Share Issue
Digikore Studios Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice regarding a preferential equity share issue scheduled for May 01, 2026. The company proposes to issue 14,15,701 fully paid-up equity shares of ₹ 77.70 each to promoter Abhishek Rameshkumar More by converting outstanding loans aggregating ₹ 11,00,00,000. The preferential issue, approved by the Board on April 08, 2026, will increase the promoter's shareholding from 21.76% to 29.63% post-issue. The shares will be subject to lock-in provisions as per SEBI ICDR Regulations and will be listed on NSE subject to necessary approvals.

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Digikore Studios Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice regarding a preferential equity share issue scheduled for May 01, 2026. The company received observations from the National Stock Exchange of India Limited (NSE) directing it to rectify and provide disclosure of the revised valuation report under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board of Directors at their meeting held on April 08, 2026, approved the preferential issue of 14,15,701 fully paid-up equity shares of ₹ 77.70 each, by converting outstanding loans into equity aggregating ₹ 11,00,00,000. The issue is being made to Mr. Abhishek Rameshkumar More, a promoter of the company, who had extended financial support to the company through unsecured loans to meet working capital and operational requirements.
Key Details of the Preferential Issue
| Particulars | Details |
|---|---|
| Number of Shares | 14,15,701 |
| Issue Price per Share | ₹ 77.70 |
| Face Value | ₹ 10 |
| Total Issue Size | ₹ 11,00,00,000 |
| Allottee | Mr. Abhishek Rameshkumar More (Promoter) |
| Relevant Date | April 01, 2026 |
The price of ₹ 77.70 per equity share has been determined in accordance with Regulation 166A of the ICDR Regulations as the shares of the company are infrequently traded on the stock exchanges. The valuation report obtained from independent registered valuer Hemang Harshadbhai Shah (IBBI/RV/03/2020/12854) is available on the company's website.
Shareholding Pattern Changes
The preferential issue will result in changes to the company's shareholding pattern. The promoter group's total shareholding will increase from 58.46% to 69.64%, while public shareholding will decrease from 41.54% to 37.36%.
| Category | Pre-Issue Shares | Pre-Issue % | Post-Issue Shares | Post-Issue % |
|---|---|---|---|---|
| Promoter and Promoter Group | 74,04,400 | 58.46 | 88,20,101 | 69.64 |
| Public Shareholding | 52,61,200 | 41.54 | 52,61,200 | 37.36 |
| Total | 1,26,65,600 | 100 | 1,40,81,301 | 100 |
Mr. Abhishek Rameshkumar More's individual shareholding will increase from 21.76% to 29.63% post-issue. The company has clarified that there will be no change in control or management of the company pursuant to the proposed preferential issue.
Terms and Conditions
The equity shares will be allotted in dematerialised form within 15 days from the date of passing of the special resolution by shareholders. The shares will be subject to lock-in provisions as specified under Chapter V of the ICDR Regulations. The resultant equity shares will rank pari-passu with the existing equity shares in all respects, including dividend and voting rights, from the date of allotment.
The e-voting period will commence on Tuesday, April 28, 2026 at 09:00 A.M. IST and conclude on Thursday, April 30, 2026 at 5:00 P.M. IST. Shareholders may also cast their votes during the EGM to be held on Friday, May 01, 2026 at 02 P.M. IST through video conferencing or other audio visual means. The revised valuation report and related documents are available on the company's website at https://digikore.com/investor-zone/ .
Historical Stock Returns for Digikore Studios
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.95% | -2.92% | -11.73% | -19.93% | -65.43% | -75.98% |
How will the increased promoter shareholding from 58.46% to 69.64% affect Digikore Studios' ability to attract institutional investors and maintain market liquidity?
What specific working capital challenges or growth opportunities is Digikore Studios addressing through this ₹11 crore debt-to-equity conversion?
Will the improved debt-equity ratio following this conversion enable Digikore Studios to access better financing terms for future expansion projects?


























