Khadim India Limited has scheduled an Extraordinary General Meeting (EGM) on August 01, 2026, via Video Conferencing to seek shareholder approval for the preferential allotment of 10,68,182 fully convertible equity share warrants. The warrants will be issued at an exercise price of ₹110 per share, including a premium of ₹100, aggregating to ₹11.75 Cr. The proceeds are intended to bolster working capital and fund long-term financial requirements for expansion, including the purchase of land for warehouse construction.

Warrant Allocation and Pricing

The board has approved the issuance of warrants to promoter Mr. Siddhartha Roy Burman and several non-promoter entities. The issue price comprises a warrant subscription price and an exercise price, with 25% of the total issue size payable upfront. The balance 75% is due upon the conversion of warrants into equity shares within 18 months from the date of allotment.

Governance and Regulatory Approvals

The preferential issue is governed by Section 42 and Section 62(1)(c) of the Companies Act, 2013, and relevant SEBI (ICDR) Regulations. The board has also approved the appointment of Mr. Sekhar Bhattacharjee as an Additional Director designated as an Independent Director, effective July 02, 2026, subject to shareholder approval. Mr. Bhattacharjee’s appointment is for an initial term of five years ending July 01, 2031.

Shareholder Meeting Details

The record date for determining shareholder eligibility for e-voting is July 25, 2026. Remote e-voting will be open from July 29, 2026, at 9:00 a.m. to July 31, 2026, at 5:00 p.m. Members attending the meeting through VC/OAVM shall be counted for the purposes of reckoning the quorum under Section 103 of the Act. The notice convening the EGM will be sent only by electronic mode to members whose email addresses are registered with the company or its Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Khadim India Limited's board has approved the alteration of its Articles of Association to modify the clause regarding the determination of price for further issues of capital. The decision was taken during a meeting held on July 02, 2026. This modification is intended to update the regulatory framework governing the pricing of any future capital issuance by the company.

The alteration is subject to the approval of the members of the company. The intimation regarding this decision was submitted to the stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was also read in conjunction with a specific SEBI Master Circular issued in July 2023 and updated in January 2026.

Key Details of the Alteration

The board's decision specifically targets the mechanism for pricing capital. The following table summarizes the key aspects of the regulatory filing:

The filing was signed by Abhijit Dan, Group Company Secretary & Head – Legal, on behalf of Khadim India Limited. The intimation was addressed to the BSE Limited and the National Stock Exchange of India Limited to update their records.