Moneyboxx finance has issued an update to its Extra Ordinary General Meeting (EGM) notice concerning the preferential allotment of equity shares. The announcement, dated February 18, 2026, addresses modifications to the previously filed EGM notice under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Original EGM Notice Details

The company had initially filed the EGM notice with stock exchanges on January 19, 2026. The notice pertained to the issue and allotment of 57,00,000 equity shares on a preferential basis, in compliance with SEBI LODR Regulations 2015.

Key Update to EGM Notice

The update specifically modifies Point (d) of the Explanatory Statement to Item No. 1 at page 11 of the EGM notice. This section relates to the intent of promoters, directors, key managerial personnel, and senior management to subscribe to the preferential issue.

Promoter Group Subscription Intent

The revised notice clarifies the subscription intentions of key individuals within the promoter group:

The update explicitly states that except for the mentioned individuals, none of the other promoters, directors, key managerial personnel, or senior management intend to subscribe to the preferential issue of equity shares.

Regulatory Compliance

The announcement emphasizes that except for the specified substitution regarding promoter subscription intent, all other contents of the EGM notice remain unchanged. This update ensures transparency and compliance with disclosure requirements under SEBI regulations for preferential allotments.

The company has formally communicated this update to both the National Stock Exchange of India Limited and BSE Limited, maintaining proper regulatory disclosure protocols for the proposed equity share allotment.

Moneyboxx Finance Limited has filed its quarterly monitoring agency report for the quarter ended December 31, 2025, regarding the utilization of proceeds from its preferential issue. The report, prepared by Crisil Ratings Limited as the monitoring agency, was submitted in compliance with SEBI regulations on February 13, 2026.

Issue Details and Revisions

The preferential issue, conducted between August 12, 2024, and September 12, 2024, comprised equity shares and convertible warrants. The issue size was revised from the original Rs 271.48 crore to Rs 175.80 crore due to undersubscription of both equity shares and convertible warrants.

Fund Utilization Status

The monitoring report revealed no utilization of issue proceeds during the quarter ended December 31, 2025. The company has allocated the revised proceeds across two primary objectives: onward lending purposes and general corporate purposes.

Warrant Conversion Details

A significant aspect highlighted in the report concerns the convertible warrants issued at Rs 302.20 per share. Following a 1:1 bonus share allotment in December 2025, the adjusted conversion price stands at Rs 151.10 per share. However, the prevailing market price as of February 09, 2026, was Rs 62.50 per share, creating an inherent risk of non-exercise of conversion rights if the share price remains below the conversion price.

The monitoring agency noted that the unutilized proceeds of Rs 84.72 crore are yet to be received from warrant holders, who have the option to convert their warrants into equity shares within 18 months from the date of allotment, with the deadline being March 2026.

Compliance and Monitoring

The report confirms that all utilization has been as per disclosures in the offer document, with no deviations observed. The monitoring agency found no unfavorable events affecting the viability of the stated objects during the reporting period. The company's statutory auditors, M/s Gaur & Associates, Chartered Accountants, provided the necessary certifications supporting the monitoring agency's findings.

The comprehensive monitoring framework ensures transparency in the deployment of raised capital, with regular quarterly assessments by the appointed monitoring agency as mandated by SEBI regulations.