Shipwaves Online Limited notified the BSE Listing Department on September 7, 2026, regarding the dispatch of letters containing weblinks to its FY26 Annual Report and AGM notice. This communication targets shareholders who have not registered their email addresses with the company or depositories.

The company previously scheduled its 11th Annual General Meeting for Wednesday, September 30, 2026. The meeting will commence at 3:00 pm through video conferencing or other audio-visual means. The initial intimation was filed on September 1, 2026.

Dispatch Details

Pursuant to Regulation 30 and Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shipwaves Online is sending physical letters to shareholders without registered email IDs. These letters provide the exact weblink to access the Annual Report for FY26 and the Notice of the AGM.

For shareholders with registered email addresses as on Friday, September 4, 2026, the notice and annual report are being sent only in electronic form via email.

Meeting Logistics

The AGM will be held virtually in accordance with circulars issued by the Ministry of Corporate Affairs and SEBI. Key logistical details include:

• Date: September 30, 2026
• Time: 3:00 pm
• Mode: Video Conferencing / Other Audio-Visual Means

Regulatory Compliance

Maithri K B, Company Secretary & Compliance Officer of Shipwaves Online, issued the communication. The filing was digitally signed on September 7, 2026. The company urged shareholders to register missing KYC details in their folios, with forms available on the company website and that of its RTA, Cameo Corporate Services Limited.

Shipwaves Online Limited submitted an application to BSE on September 7, 2026, seeking in-principle approval for its proposed preferential issue of convertible warrants. This regulatory step follows the board’s approval of the ₹14.99 crore raise on September 1, 2026.

The company aims to issue 3.33 crore convertible warrants at ₹4.50 each from promoter and non-promoter investors. The allotment is heavily weighted towards the promoter group, with Mukka Proteins Limited acquiring the majority stake.

Issue Details and Pricing

The company will issue up to 3,33,20,000 convertible warrants at an issue price of ₹4.50 per warrant. Each warrant is convertible into one fully paid-up equity share with a face value of ₹1, including a premium of ₹3.50 per share. Investors must pay 25% of the issue price at subscription, with the remaining 75% due upon conversion within 18 months.

The relevant date for pricing was set as August 31, 2026, in compliance with Regulation 161 of the SEBI ICDR Regulations. The total potential raise is ₹14,99,40,000.

Allotment Structure

The allotment is heavily weighted towards the promoter group, with Mukka Proteins Limited acquiring the majority of the warrants. Two non-promoter investors have been identified for the remainder.

Regulatory Compliance and Next Steps

In compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the company disclosed the outcome. The trading window for designated persons remains closed until 48 hours after the declaration of results.

The application to BSE is filed under Regulation 28(1) of the SEBI LODR Regulations, 2015. The 11th Annual General Meeting is scheduled for September 30, 2026, to seek shareholder approval for the preferential issue. Upon full conversion, the paid-up equity share capital will increase from 14,14,95,000 shares to 17,48,15,000 shares. If warrants are not exercised within 18 months, they will lapse and the initial consideration will be forfeited.