Kontor Space held its Extraordinary General Meeting (EGM) on July 10, 2026, to deliberate on the preferential issuance of equity shares and convertible warrants, alongside the appointment of auditors and regularization of an independent director. The meeting, conducted via video conferencing, was chaired by Mr. Kanak Mangal, Whole-Time Director, and saw the participation of nine members.

The EGM commenced at 1:00 P.M. (IST) and concluded at 1:13 P.M. (IST). Mrs. Sudha Didwaniya, Company Secretary, managed the proceedings, confirming the requisite quorum was present through virtual participation. The statutory auditors, M/s V C A & Associates, Chartered Accountants, were also present during the meeting.

Resolutions Presented

The Board proposed three resolutions for shareholder approval. The special business included the issuance of equity shares and convertible warrants on a preferential basis. Additionally, the company sought approval to appoint secretarial auditors for a period of five consecutive years.

The third resolution aimed at regularizing Ms. Jessica Gandhi (DIN: 10432452) as an Independent Director of the company. This was also classified as a special resolution requiring specific shareholder approval.

Voting and Participation Details

The participation was entirely virtual, with no members present in person or through proxy. The breakdown of attendance included three members from the promoter and promoter group, including directors and key managerial personnel, and six public shareholders.

The e-voting process remained open for 15 minutes following the conclusion of the meeting to allow members to cast their votes. The results, along with the Scrutinizer's Report, are scheduled to be announced on the company's website and submitted to the National Stock Exchange of India Limited.

Kontor Space Limited has issued a corrigendum to its Extraordinary General Meeting (EGM) notice dated June 18, 2026, to incorporate clarifications and additional disclosures regarding the proposed preferential issue of equity shares. The revision follows observations received from the National Stock Exchange of India Limited (NSE) via a letter bearing reference NSE/LIST/55849 dated June 25, 2026. The EGM is scheduled to be held on July 10, 2026, at 01:00 P.M. IST through Video Conferencing.

The company stated that the shareholding pattern annexed to the original explanatory statement was based on data as of March 31, 2026. Due to minor changes in the shareholding pattern between that date and the dispatch of the notice, a revised table has been substituted in the explanatory statement. The total number of equity shares post-preferential issue is expected to be 9,180,000.

Additionally, the company disclosed the details of the Ultimate Beneficial Owner (UBO) for proposed allottee Arron Insurance Brokers Private Limited, which were inadvertently omitted from the original notice. The corrigendum also updates the list of proposed allottees and the percentage of post-preferential issue capital they will hold.

Shareholding Pattern

The revised shareholding pattern indicates that promoters' holding will decrease to 51.59% from 65.06% post-issue, while non-promoters' holding will increase to 48.41% from 34.94%. The total number of shares will rise from 6,180,000 to 9,180,000.

Proposed Allottees

The preferential issue includes warrants and equity shares to be allotted to promoters and non-promoters. Kanak Mangal, a promoter, is set to receive 715,000 warrants, representing 51.56% of the post-issue capital on a fully diluted basis.

All other terms, contents, and resolutions contained in the original EGM notice remain unchanged. The corrigendum is available on the company's website and the NSE website.