Pramara Promotions Limited held its Extra Ordinary General Meeting (EGM) on Thursday, May 21, 2026, via video conferencing. The meeting commenced at 12:30 p.m. and concluded at 12:46 p.m. Mr. Rohit Nandkishore Lamba, Chairman and Managing Director, chaired the meeting. The company submitted the voting results to the National Stock Exchange of India Limited in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

EGM Voting Summary

A total of three resolutions were presented during the meeting. The remote e-voting facility was provided by Central Depository Services (India) Limited (CDSL). The cut-off date for voting was Thursday, May 14, 2026. The total number of shareholders on the record date was 1065.

Meeting Participation Details

Resolution Details

The shareholders considered and approved the following special business items. The scrutinizer's report confirmed that all resolutions were passed with the requisite majority.

Resolution 1: Increase in Authorised Share Capital

The first resolution sought approval to increase the authorised share capital of the company and amend Clause V of the Memorandum of Association. This was an Ordinary Resolution.

Resolution 2: Preferential Issue of Equity Shares

The second resolution proposed the issue of equity shares to certain identified persons or entities on a preferential basis. This was classified as a Special Resolution.

Resolution 3: Preferential Issue of Equity Warrants

The third resolution aimed to approve the issue of equity warrants to certain identified persons or entities on a preferential basis. This was also a Special Resolution.

Voting Results

The voting results for the resolutions showed strong support from the shareholders. A total of 4,594,350 votes were polled across all resolutions.

The scrutinizer, M/s VTSN & Associates LLP, confirmed that the number of votes cast in favour of each resolution was significantly higher than the votes cast against. Consequently, all resolutions were declared passed. The report was countersigned by Rohit Nandkishore Lamba, Managing Director of pramara promotions .

Pramara Promotions Limited has informed the National Stock Exchange of India Limited regarding the substitution of proposed allottees in its ongoing preferential issue of convertible warrants. The Board of Directors approved the substitution on May 12, 2026, continuing the outcome of a meeting held on April 21, 2026. The company has issued a corrigendum to the notice of the Extraordinary General Meeting (EGM) scheduled for May 21, 2026, to reflect these changes. The corrigendum was published in newspapers on May 13, 2026.

Allottees Removed from the Preferential Issue

Three previously proposed allottees, collectively accounting for 1,67,000 convertible warrants, have been withdrawn from the preferential issue. The reasons cited include ineligibility due to the sale of pre-preferential equity shares and the demise of one allottee. The details of the outgoing allottees are as follows:

Replacement Allottees Approved

In place of the three outgoing allottees, the Board has approved five new non-promoter allottees to be included in the preferential issue, maintaining the same aggregate warrant count of 1,67,000. The revised incoming allottees are detailed below:

EGM Notice Corrigendum Issued

The corrigendum modifies the EGM notice dated April 21, 2026, to reflect the updated list of proposed allottees. Wherever the names of the outgoing allottees appear in the EGM notice, the explanatory statement, and related documents, they shall be read as substituted with the names of the incoming allottees. The corrigendum also clarifies that the shareholding pattern disclosed under Point No. xiii of the Explanatory Statement includes the aggregate effect of 2,95,000 Convertible Warrants allotted on August 26, 2025.

Key Terms of the Preferential Issue

The substitution forms part of a larger preferential issue encompassing both equity shares and convertible warrants to be issued exclusively to non-promoter (public) category allottees. The key parameters of the overall preferential issue are summarised below:

Post-Issue Shareholding Pattern

Assuming full conversion of all warrants issued and proposed to be issued, the post-allotment shareholding pattern of the company is expected to change as follows:

There shall be no change in the management or control of the Company pursuant to the proposed issue. Brickwork Ratings India Private Limited has been appointed as the monitoring agency to monitor the utilisation of issue proceeds. All other terms and conditions of the proposed preferential issue remain unchanged.