La Tim Metal & Industries Updates EGM Notice with Detailed Shareholder Information

La Tim Metal & Industries Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, providing additional details on shareholding and beneficial ownership. The update, dated November 7, 2025, supplements the original EGM notice from October 24, 2025, with two significant changes.

Key Updates in the Corrigendum

Ultimate Beneficial Owner (UBO) Details: The corrigendum now includes information about the UBO of Smarthorizon under point 12 of the explanatory statement.
Post-Issue Shareholding Percentages: A new point 21 has been added to comply with SEBI ICDR regulation 163(fa), detailing the post-issue percentage holdings of all allottees.

Shareholding Information

The corrigendum provides comprehensive details on the pre-issue and post-issue shareholding structure. Here's a summary of some key allottees:

Allottee Name	Category	Pre-Issue Shares	Pre-Issue %	Warrants	Post-Issue Shares	Post-Issue %
Kartik Maganlal Timbadia	Promoter	7,794,249	5.88	500,000	8,294,249	4.52
Rahul Maganlal Timbadia	Promoter	11,552,500	8.72	4,500,000	16,052,500	8.76
Radhika Rahul Timbadia	Promoter	6,250,000	4.72	12,000,000	18,250,000	9.95
Smart Horizon Opportunity fund	Non-Promoter	200,000	0.15	500,000	700,000	0.38

Implications for Shareholders

Transparency: The additional information provides greater transparency about the company's ownership structure and the potential impact of the proposed allotment.
Regulatory Compliance: The inclusion of post-issue percentages for all allottees ensures compliance with SEBI regulations, particularly ICDR regulation 163(fa).
Shareholder Rights: Existing shareholders can now better understand how the proposed allotment might affect their relative ownership stakes in the company.

Next Steps

The corrigendum is being sent electronically to members who have registered their email IDs with depositories and the company's registrar. Shareholders are advised to read the corrigendum in conjunction with the original EGM notice dated October 24, 2025.

The updated information is available on the company's website ( www.latimmetal.com ) and the BSE Limited website ( www.bseindia.com ). Shareholders are encouraged to review these details before the EGM.

All other contents of the original EGM notice remain unchanged, except for the modifications outlined in the corrigendum.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	-9.19%	-14.00%	+14.19%	-29.29%	+179.78%

La Tim Metal & Industries Ltd. has successfully concluded its rights issue, converting partly paid-up equity shares into fully paid-up shares. The company made this announcement following a meeting of its Rights Issue Committee on October 30, 2025.

Rights Issue Details

The rights issue involved the allotment of up to 1,24,994 equity shares. Here are the key details of the conversion:

Aspect	Before Conversion	After Conversion
Share Status	Partly paid-up	Fully paid-up
Face Value	₹1.00	₹1.00
ISIN Code	IN9501N01010	INE501N01020

Committee Meeting

The Rights Issue Committee convened to finalize the allotment process:

Meeting Start Time: 11:45 AM
Meeting End Time: 1:30 PM
Date: October 30, 2025

Significance of the Rights Issue

This rights issue represents a significant corporate action for La Tim Metal & Industries Ltd. By converting partly paid-up shares to fully paid-up status, the company has potentially strengthened its capital structure. This move may enhance the company's financial position and could be viewed positively by investors and stakeholders.

Regulatory Compliance

The company has duly informed the BSE Limited about this development, adhering to the listing obligations and disclosure requirements. This transparency in corporate actions helps maintain investor confidence and ensures compliance with regulatory standards.

Shareholders and potential investors should take note of the new ISIN code (INE501N01020) for the fully paid-up equity shares resulting from this conversion. This change in ISIN is crucial for accurate tracking and trading of the company's shares in the market.