Saakshi Medtech & Panels Limited has issued a corrigendum to the Notice of Extra-Ordinary General Meeting (EGM) dated May 07, 2026, to rectify inadvertent errors regarding the proposed preferential issue of equity shares. The corrections primarily address the names of certain proposed allottees and the disclosure of the Ultimate Beneficial Owner (UBO) for PESB Alpha Fund, which were omitted in the original notice circulated for the meeting held on June 02, 2026.

The company clarified that for certain proposed allottees who are partnership firms, the names were inadvertently reflected based on the first holder or partner's name appearing in the BENPOS records rather than the name of the respective partnership firm. Consequently, the names of five proposed allottees have been substituted, while the number of equity shares proposed to be allotted to them remains unchanged.

Correction in Allottee Names

The following table details the corrected names of the proposed allottees and their Ultimate Beneficial Owners:

Disclosure of Ultimate Beneficial Owner

In addition to the name corrections, the company added the required disclosure for the Ultimate Beneficial Owner of PESB Alpha Fund under Regulation 163 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The identity of the natural person who ultimately controls the proposed allottee has been disclosed as Mr. Vrajesh K. Shah.

The corrigendum confirms that there are no changes to the total number of equity shares proposed to be issued, the issue price per share, the aggregate size of the preferential issue, or other terms and conditions. Shareholders have been requested to take note of the modifications and may submit any comments or objections within 48 hours of receiving the corrigendum at cs@smtpl.co .

Saakshi Medtech & Panels has paid a total fine of ₹2,360 to the National Stock Exchange of India (NSE) following a one-day delay in filing its shareholding pattern for the quarter ended March 31, 2026. The payment, made on June 8, 2026, settles the penalty notice issued by the exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that it is not seeking a waiver for the fine, correcting an earlier erroneous submission.

The NSE issued the notice on May 14, 2026, citing non-compliance with the standard operating procedure for filing shareholding patterns. The exchange identified a one-day delay, resulting in a base fine of ₹2,000 and an additional GST of ₹360. The notice had warned that failure to pay the fine could lead to the freezing of promoter shareholdings and a shift in trading to the 'Trade for Trade' basis.

In its response submitted on June 10, 2026, the company stated that the delay was caused by an unforeseen technical issue on the NEAPS portal, which disrupted the upload process despite preparatory steps being taken within the prescribed timelines. The disclosure was eventually submitted on May 22, 2026. The Board of Directors has taken cognizance of the delay and directed the strengthening of internal compliance monitoring mechanisms to prevent recurrence.

Mrs. Mayuri Aniket Latkar, CFO and Whole-Time Director, signed the response confirming the payment via UTR No. YESME61590063483. The company assured the exchange of its continued cooperation and commitment to maintaining high standards of regulatory compliance.

Details of Penalty

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0PSK01027/60886ab2bb564a48.pdf