JMG Corporation Limited has scheduled an Extra-Ordinary General Meeting (EGM) for Saturday, July 25, 2026, at 12:00 p.m. through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting is being convened to transact business as set out in the notice, in accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notice for the EGM was dispatched on July 3, 2026, via courier and electronic mode. Members holding shares as of the cut-off date, Saturday, July 18, 2026, are eligible to vote. The voting rights will be proportionate to the equity shares held in the paid-up equity share capital of the company as on this date.

Shareholders have been provided with the facility to cast their votes using the electronic voting system (e-voting) provided by NSDL. The remote e-voting period commences at 09:00 a.m. IST on Wednesday, July 22, 2026, and concludes at 09:00 p.m. IST on Friday, July 24, 2026. The remote e-voting module will be disabled by NSDL after this period.

Members who have not cast their votes remotely and attend the EGM may vote through e-voting during the meeting. However, those who have already exercised their right to vote through remote e-voting may participate in the meeting but are not entitled to vote again. Detailed instructions for the remote e-voting facility are included in the notice.

Any person who becomes a member of the company after the notice has been sent and holds shares as on the cut-off date may obtain login credentials by requesting them from evoting@nsdl.com . Existing NSDL registered users can use their current User ID and password. For queries regarding the e-voting system, members can contact NSDL at 022-4886 7000.

Key Dates for JMG Corporation Limited EGM

JMG Corporation is subject to a mandatory open offer by Mr. Neerav Bairagi to acquire a significant stake in the company. The offer represents a structured acquisition process under SEBI regulations, targeting public shareholders with specific terms and timeline.

Open Offer Details

The open offer targets the acquisition of substantial equity holdings in JMG Corporation Limited. Mr. Neerav Bairagi, the acquirer, seeks to purchase equity shares from existing public shareholders through a regulated process.

Regulatory Compliance and Recommendations

The offer follows mandatory requirements under Regulation 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Committee of Independent Directors of JMG Corporation has evaluated the proposal and provided their assessment to shareholders.

The Committee of Independent Directors unanimously recommended that the offer is fair and reasonable, with the recommendation approved on February 12, 2026. The committee determined that the offer price aligns with parameters prescribed in SEBI regulations and serves the interests of public shareholders.

Timeline and Process

The open offer follows a structured timeline with specific milestones for completion. Key dates have been revised following receipt of SEBI observations, ensuring compliance with regulatory requirements.

Implementation Mechanism

The open offer will be implemented through the Stock Exchange Mechanism provided by BSE Limited via a separate Acquisition Window. This mechanism ensures transparent and regulated execution of the share acquisition process.

Srujan Alpha Capital Advisors LLP serves as the Manager to the Offer, holding SEBI Registration No: INM000012829. The manager coordinates the offer process and ensures compliance with regulatory requirements throughout the acquisition period.

Shareholder Participation

Public shareholders holding equity shares as of the Identified Date (February 03, 2026) received the Letter of Offer through electronic and physical modes. However, all public shareholders, including those acquiring shares after the Identified Date, remain eligible to participate during the tendering period.

Shareholders can participate through registered selling brokers or buying brokers, depending on their demat account arrangements. The process accommodates both physical and dematerialized share holdings, ensuring broad accessibility for eligible participants.