super crop safe will convene a board meeting on June 23, 2026, to consider the preferential allotment of equity shares to non-promoters for the conversion of an outstanding unsecured loan. The meeting aims to approve the issuance of 1,17,44,722 equity shares at an issue price of ₹13 per share. This capital restructuring initiative follows an in-principle approval received from the BSE via letter reference LOD/PREF/KS/FIP/385/2026-27 dated June 15, 2026.

The proposed allotment will be conducted in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The conversion of the unsecured loan into equity is intended to alter the company's capital structure by addressing outstanding liabilities through equity issuance.

Key Details of the Proposed Allotment

The board will evaluate the issuance of shares specifically to non-promoter entities. The specific details of the share issuance are outlined below:

The board meeting is scheduled to take place at the company's registered office in Ahmedabad. Apart from the preferential allotment, the board will also discuss any other business with the permission of the Chairman.

Super Crop Safe Limited has corrected clerical and arithmetical errors in the notice of its Extraordinary General Meeting (EGM) held on January 19, 2026, regarding a preferential issue. The company disclosed that the revisions pertain to Resolution No. 2 and the Explanatory Statement under Section 102 of the Companies Act, 2013. The total number of equity shares was revised from 1,17,44,731 to 1,17,44,722, while the total consideration amount was adjusted from ₹15,26,81,500 to ₹15,26,81,386.

The company stated that there is no change in the structure, object, or overall size of the preferential issue as a result of these corrections. Furthermore, there is no change in the control or management of Super Crop Safe Limited. The updated EGM notice has been made available on the company's website and the website of BSE Limited.

Key Revised Details

The corrections affected the allottee-wise share details, the explanatory statement, and the post-issue shareholding pattern. The following table summarizes the primary changes in the preferential issue figures:

Allottee-wise Corrections

The revisions also impacted specific allottees under the Non-Promoter Group. For Wherrelz IT Solutions Limited, the number of equity shares proposed to be issued was revised from 38,46,154 to 38,46,153, with the corresponding consideration adjusted from ₹5,00,00,000 to ₹4,99,99,989. Similarly, for Voltrix INC, the number of shares was revised from 78,98,577 to 78,98,569, and the consideration was adjusted from ₹10,26,81,500 to ₹10,26,81,397.

The issue price for the allotment remains Rs.13 per equity share of face value Rs.2. The revisions were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.