Unifinz Capital India has issued a corrigendum to its EGM notice, specifically modifying the preferential issue of warrants. The company is consolidating allotments to Atika Goyal, now set to receive 22,66,000 warrants. Total issue size of Rs 99.97 crore remains unchanged.
Unifinz Capital Issues EGM Corrigendum Updating Warrant Allottee List
98,01,000 convertible warrants being issued; Rs 99.97 crore total issue size.
Reader Takeaway: Allotment list consolidated for Atika Goyal; total capital raise and pricing remain unchanged for shareholders.
What just happened
Unifinz Capital India Ltd has released a corrigendum regarding its Extra-Ordinary General Meeting (EGM) originally scheduled for November 11, 2026. The amendment focuses on the list of proposed allottees for the company’s planned preferential issue of convertible warrants. All other financial terms of the transaction, including the total issue size and per-warrant pricing, remain strictly unchanged.
Modification in Allottee List
The company has decided to consolidate the portion of warrants previously assigned to Vikas Goyal by transferring that allocation to Atika Goyal. Consequently, Atika Goyal’s total proposed warrant allocation has increased to 22,66,000. Post-conversion, Atika Goyal is expected to hold 58,01,250 shares, representing approximately 9.97% of the company's post-preferential capital on a fully diluted basis.
Preferential Issue Structure
The company continues to move forward with the issuance of up to 98,01,000 convertible warrants. The issue price is fixed at Rs 102 per warrant. Each warrant carries the right to be converted into one equity share of Rs 10 face value at a premium of Rs 92 per share. The conversion window remains 18 months from the date of allotment.
What to track next
The EGM remains scheduled for November 11, 2026, where shareholders will vote on this capital-raising proposal. Investors should also note that the company has updated the website link containing the Compliance Certificate, which confirms that the preferential issue follows the SEBI (Issue of Capital and Disclosure Requirements) Regulations.
