Univastu India Limited Issues Corrigendum for EGM Scheduled on July 18, 2026
Univastu India Limited issued a corrigendum for its EGM on July 18, 2026. The company plans to raise ₹16,00,22,493 via preferential issue of warrants for working capital. Promoters and directors intend to subscribe. The warrant price is ₹87. Post-issue, promoter shareholding will be 65.39%.
The announcement concerns an EGM and details a preferential issue of warrants, which involves fundraising and changes in shareholding structure. These are material events for the company and its shareholders.
The announcement is a corrigendum to a previous notice, providing clarifications and updated details regarding an EGM and a preferential issue. It does not contain new positive or negative financial information or strategic shifts beyond what was previously indicated.
Univastu India Limited has issued a corrigendum to the notice of its Extra Ordinary General Meeting (EGM), originally dispatched on June 23, 2026. The EGM is scheduled to be held on Saturday, July 18, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
This corrigendum provides amendments and additional details to the Explanatory Statement of the EGM notice. Key changes include:
*Item 1: Issuance of Warrants by way of preferential issue.*
(i) Utilization of Issue Proceeds: The working capital needs will be met with an estimated amount of ₹16,00,22,493.00, to be utilized within one year from the date of receipt of funds. The company clarified that proceeds will be received over 18 months from the allotment date as per SEBI ICDR Regulations.
(ii) Basis of Price Determination: The articles of association do not provide for a valuation method resulting in a floor price higher than that determined by SEBI ICDR Regulations.
(iii) Updated Website Links: The pricing certificate from CA Anand Pravin Pande, Registered Valuer, determining the warrant price at ₹87/- per warrant, is available at https://univastu.com/wp-content/uploads/2026/07/1.-Valuation-report-Univastu.pdf.
(iv) Intention to Subscribe: Mr. Pradeep Khandagale & Mrs. Rajashri Khandagale (promoter group), Mr. Narendra Bhagatkar, Major General (Dr) Vijay Pawar, and Mr. Dhananjay Barve (Board of Directors) intend to subscribe to 18,39,339 warrants.
(v) Post-Preferential Offer Capital: The post-issue shareholding of the Promoter and Promoter Group is revised. The table details the pre-issue and post-issue shareholding, including the allocation of 18,39,339 warrants. The total post-issue paid-up shares are calculated to be 3,98,75,109, considering existing shares, proposed warrants, and bonus shares to be issued on July 16, 2026.
(vi) Pre-issue and Post-issue Shareholding Pattern: The shareholding patterns are updated to reflect the proposed preferential issue. Promoter and Promoter Group's shareholding is 65.39% post-issue, while Public shareholders hold 34.61%.
(vii) Practicing Company Secretary’s Certificate: The certificate from CS Satish Kolhe is available at https://univastu.com/wp-content/uploads/2026/07/2.-PCS-Certificate_ANNEXURE-V.pdf.
All other contents of the EGM Notice remain unchanged. The corrigendum is available on the company's website and NSE.
What to do with a filing like this
Univastu India Limited filed this with the NSE as a statutory disclosure, categorised under egm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Univastu India Limited. Read the original for the full detail.