Samyak International shareholders approve preferential issue

Samyak International Ltd shareholders have approved the issuance of 40,00,000 equity shares and 40,00,000 warrants on a preferential basis to promoters and non-promoters. The resolutions were passed with 99.94% of votes in favour during the Extra-Ordinary General Meeting (EGM) held on July 09, 2026. The capital raise aims to support the company's financial structure and growth initiatives through a private placement of equity shares of ₹10 each and warrants convertible into equity shares of ₹10 each.

The EGM was conducted via Video Conference (VC) and Other Audio Visual Means (OAVM). A total of 61 shareholders participated through VC and OAVM, comprising 5 from the promoter group and 56 from the public. The meeting was chaired by Mr. Sunit Jain, Chairman & Managing Director, and attended by other directors and Key Managerial Personnel (KMPs). Mr. Ajit Jain, Practicing Company Secretary, was appointed as the scrutinizer to oversee the e-voting process.

Voting Results

Shareholders voted on two special resolutions using both remote e-voting and e-voting facilities available during the EGM. The remote e-voting period was open from July 06, 2026, to July 08, 2026. The record date for determining eligibility was July 02, 2026, with a total of 2,996 shareholders on record.

Resolution No.	Description	Votes In Favour	Votes Against	% of Votes In Favour
1	Issuance of 40,00,000 equity shares of ₹10 each on preferential basis	34,07,445	2,001	99.94%
2	Issuance of 40,00,000 warrants convertible into equity shares of ₹10 each on preferential basis	34,07,445	2,001	99.94%

Procedural Compliance

The meeting was held in accordance with the provisions of the Companies Act, 2013, and Regulation 44(3) of the SEBI (LODR) Regulations, 2015. Due to the virtual nature of the meeting, the facility for the appointment of proxies was not applicable. The statutory registers and documents were available for inspection on the company's website until the conclusion of the EGM. The voting results were submitted to the exchange within the prescribed time limit.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	+4.49%	-10.48%	-16.87%	-27.66%	-12.82%

Samyak International Ltd has confirmed the dispatch of the Notice of Extra-Ordinary General Meeting (EGM) and e-voting information through newspaper advertisements published on June 17, 2026. The notifications appeared in The Free Press Journal (English) and Navshakti (Marathi) to comply with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has scheduled the EGM on July 9, 2026, via video conferencing to seek shareholder approval for a preferential allotment of equity shares and warrants aimed at raising ₹13.6 crore for business expansion and general corporate purposes.

Preferential Issue Details

The issuance comprises 40,00,000 equity shares and 40,00,000 convertible warrants, priced at ₹17 each, including a premium of ₹7. The issue follows Chapter V of the SEBI (ICDR) Regulations, 2018, and the Companies Act, 2013. The equity shares and warrants each have a face value of ₹10. The warrants are convertible into an equivalent number of equity shares within eighteen months from the date of allotment. For the warrants, 25% of the consideration is payable at allotment, and the remaining 75% is due upon conversion. If the option is not exercised within eighteen months, the warrants will lapse, and the initial consideration will be forfeited.

Allotment and Shareholding Pattern

The preferential issue will alter the company's shareholding structure. Promoters Sudhir Jain, Sunit Jain, Neha Jain, and Samyak Jain are set to receive warrants, while Virendra Capital Markets Pvt. Ltd. will receive equity shares. Non-promoter entities, including Volatile Investment and Finance Pvt Ltd and Symphony Sales Pvt. Ltd., will receive a combination of shares and warrants. Additional non-promoter allottees include Keti-KJ Constructions (India) Limited, KRJ Infraprojects Private Limited, and Aditya Fincom Private Limited.

Allottee	Pre-issue Holding	Equity Shares Allotted	Warrants Allotted	Post-issue Holding	Consideration (INR)
Sudhir Jain	505	0	4,40,000	4,40,505	74,80,000
Sunit Jain	4,41,761	0	2,20,000	6,61,761	37,40,000
Neha Jain	3,91,800	0	2,20,000	6,11,800	37,40,000
Samyak Jain	4,42,760	0	2,20,000	6,62,760	37,40,000
Virendra Capital Markets Pvt. Ltd.	0	11,00,000	0	11,00,000	1,87,00,000
Volatile Investment and Finance Pvt Ltd	0	4,25,000	11,50,000	15,75,000	2,67,75,000
Symphony Sales Pvt. Ltd.	0	4,25,000	11,50,000	15,75,000	2,67,75,000
Keti-KJ Constructions (India) Limited	0	13,50,000	0	13,50,000	2,29,50,000
KRJ Infraprojects Private Limited	0	7,00,000	0	7,00,000	1,19,00,000
Aditya Fincom Private Limited	0	0	6,00,000	6,00,000	1,02,00,000

Committee and EGM

The Board constituted a Preferential Allotment Committee to oversee the process. The company will convene an EGM on July 9, 2026, at 5:00 PM IST via video conferencing to seek member approval. The trading window, which closed on June 9, 2026, will reopen 48 hours after the Board meeting conclusion.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE607G01011/fc4e5b9d-8968-47d4-9150-53e0ed4c995c.pdf