NDA Securities Limited has issued a corrigendum to its Extra Ordinary General Meeting notice scheduled for March 16, 2026, following observations from BSE Limited regarding the company's revised preferential issue plan. The corrigendum confirms the modified structure that allocates shares to existing promoter group members rather than new group companies.

Corrigendum Details and Regulatory Compliance

The company submitted the corrigendum on March 09, 2026, to BSE Limited under Regulation 30 of SEBI Listing Regulations. The corrigendum addresses changes in Item No. 1 of the original EGM notice dated February 18, 2026, while keeping all other particulars unchanged. The document has been made available on the company's website at www.ndaindia.com and BSE's website at www.bseindia.com .

Revised Allottee Structure

The corrigendum confirms the final allocation structure with both promoter and non-promoter categories. The key change involves replacing group companies with existing promoter individuals to avoid control change implications:

Exchange Observations and Regulatory Response

The revision became necessary after BSE raised concerns about the original proposal involving Titanium Holdings India Private Limited and BIR Foods & Restaurants Private Limited. When NDA Securities applied to BSE, NSE, and Metropolitan Stock Exchange for inclusion of these entities in the promoter group, the exchanges advised that such inclusion would constitute a change in control requiring separate approvals. The board meeting held on March 06, 2026, approved the change in allottees and revised issue parameters.

Fund Utilization and Corporate Purposes

The company intends to utilize the Rs. 62.90 crore proceeds across three main areas. Investment in wholly owned subsidiary NDA Capital Advisors Private Limited will receive Rs. 50.00 crore for obtaining requisite licenses and approvals. Working capital requirements will be met with Rs. 6.00 crore, while Rs. 6.90 crore has been allocated for general corporate purposes, all with utilization targeted by March 31, 2027.

EGM Schedule and Next Steps

The Extra Ordinary General Meeting remains scheduled for Monday, March 16, 2026, at 04:00 PM IST through Video Conferencing. The preferential issue is subject to approval from company members and other statutory and regulatory approvals as required. The issuance will be conducted in accordance with the Companies Act, 2013, and SEBI ICDR Regulations, 2018, with the relevant date for price determination set as February 13, 2026.

NDA Securities Limited has announced significant corporate developments following its Board of Directors meeting held on February 18, 2026. The board has approved a substantial preferential issue of equity shares and scheduled an Extra-Ordinary General Meeting to seek shareholder approval for the proposed allotment.

Board Approves Major Preferential Issue

The board has approved the issuance and allotment of up to 1,75,00,000 equity shares through preferential allotment to seven identified investors. The comprehensive details of the preferential issue are outlined below:

The preferential issue will be conducted in accordance with the provisions of the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company will apply for in-principle approval from BSE Limited for listing of the proposed equity shares.

Detailed Investor Allocation

The preferential allotment will be distributed among promoter, promoter group, and non-promoter entities as detailed below:

Extra-Ordinary General Meeting Scheduled

The board has approved convening an Extra-Ordinary General Meeting (EGM) to seek member approval for the preferential issue. The EGM details are as follows:

The board meeting commenced at 4:00 PM and concluded at 4:32 PM on February 18, 2026, with Company Secretary Shalini Chauhan providing the necessary regulatory disclosures.

Regulatory Compliance and Approvals

The preferential issue is subject to multiple approvals and regulatory requirements. The equity shares will be subject to applicable lock-in requirements under SEBI (ICDR) Regulations, 2018, and the proposed equity shares will rank pari-passu in all respects with existing equity shares. The company has provided comprehensive disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency regarding the proposed preferential allotment.

NDA Securities Limited operates from its registered and corporate office located at 307, 3rd Floor, D-Mall, Netaji Subhash Place, Pitampura, New Delhi, with an additional Mumbai office at Prospects Chamber Annexe, Dr. D. N. Road, Fort.