Suditi Industries Ltd. — Proxy Solicitation & Information Statement 2024

Dec 31, 2024

SUDITI INDUSTRIES LTD.

==> picture [86 x 40] intentionally omitted <==

Admin office: C-3/B, M.I.D.C., T.T.C. Industrial Area, Pawne Village, Turbhe, Navi Mumbai – 400 705 Tel. No: 67368600/10, web site: www.suditi.in E-mail: cs@suditi.in CIN: L19101MH1991PLC063245 Regd.Office: C-253/254, MIDC, TTC INDL.AREA, PAWNE VILLAGE, TURBHE, NAVI MUMBAI – 400 705.

Date: December 31, 2024

To, The Corporate Relationship Department, BSE Limited P.J. Towers, Dalal Street, Mumbai 400 001 Scrip Code: 521113

Dear Sir/Madam,

Sub: Corrigendum to the Notice of Extra Ordinary General Meeting of the shareholders of Suditi Industries Limited (“The Company”) to be held on January 03, 2025.

Dear Sir/Madam,

This is in continuation to the Notice of the Extra Ordinary General Meeting of the Company dated December 04, 2024 (“ EGM Notice ”), which has already been emailed to the shareholders of the Company on December 12, 2024. A Corrigendum is being issued today to inform the Shareholders to whom the Notice of EGM has been emailed regarding changes in the Explanatory Statement. A copy of detailed Corrigendum is enclosed herewith. The said Corrigendum is also being published in the respective newspapers in Marathi and English language and also being uploaded on the website of the Company at https://suditi.in/

Except as detailed in the attached Corrigendum, all other items of the EGM Notice along with Explanatory Statement dated December 04, 2024, shall remain unchanged.

Please note that on and from the date hereof, the EGM Notice dated December 04, 2024 shall always be read collectively with this Corrigendum.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we kindly request you to take into record the above submissions.

This is for you information and records.

Thanking you,

For Suditi Industries Limited

Sd/Pawan Agarwal Director DIN: 00808731

Encl: As above.

SUDITI INDUSTRIES LTD.

==> picture [86 x 40] intentionally omitted <==

Admin office: C-3/B, M.I.D.C., T.T.C. Industrial Area, Pawne Village, Turbhe, Navi Mumbai – 400 705 Tel. No: 67368600/10, web site: www.suditi.in E-mail: cs@suditi.in CIN: L19101MH1991PLC063245 Regd.Office: C-253/254, MIDC, TTC INDL.AREA, PAWNE VILLAGE, TURBHE, NAVI MUMBAI – 400 705.

CORRIGENDUM IN CONTINUATION TO THE NOTICE AND EXPLANATORY STATEMENT ATTACHED THERETO DATED DECEMBER 4, 2024, CONVENING THE EXTRA-ORDINARY GENERAL MEETING TO BE HELD ON FRIDAY, JANUARY 3, 2025

An Extraordinary General Meeting (“EGM”) of the Members of Suditi Industries Limited (“Company”) is scheduled to be held on Friday, January 3, 2025, at 03:00 PM (IST) through Video Conference (“VC”) / Other Audio-Visual Means (“OAVM”) (“hereinafter referred to as “electronic mode”).

The Notice of the EGM dated December 04, 2024 (“EGM Notice”) was dispatched to all the shareholders of the Company on December 12, 2024, in due compliance with the provisions of the Companies Act, 2013, and rules made thereunder, read with circulars issued by Ministry of Corporate Affairs and Securities Exchange Board of India. This corrigendum is being issued to give notice to amend / provide clarification and additional details as mentioned herein and pursuant to the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

The Company through this communication wishes to bring to the notice of the Shareholders, following changes in the said EGM Notice. The following changes shall be considered and substituted in the original EGM Notice:

1. ANNEXURE I shall be read as under:

==> picture [468 x 387] intentionally omitted <==

----- Start of picture text -----

ANNEXURE 1
(Shareholding pattern of the Company before and after the Preferential Issue)
Shareholding Post
Preferential Issue
Pre-Issue Shareholding (as on
(Conversion of warrants
December 06, 2024)
Sr and preferential issue of
No Category equity shares)
% to total No. of % to total
No. of Equity Shares
share Shares held share capital
held
capital *
A Promoter Group
Promoter and Promoter Group Holding
1 Indian
Individual 17381673 65.92 29381673 56.59
Body Corporate 1519872 5.76 5519872 10.64
Sub-Total 18901545 71.69 34901545 67.23
2 Foreign Promoters
NRI 0 0 0 0
Sub-Total – A (A1+A2) 18901545 71.69 34901545 67.23
B. NON-PROMOTER HOLDING
1 Institutional Investors
Mutual Funds/ FPI/ AIF 0 0 0 0
Financial Institutions / Banks 1100 0.00 1100 0.00
Insurance Companies 0 0.00 0 0
Central Government 0 0.00 0 0
Sub-Total - B1 1100 0.00 1100 0.00
2 Non-Institutional Investors
Individuals 6189257 23.47 10138257 19.53
Body Corporate 187910 0.71 987910 1.90
----- End of picture text -----*

	Others	1087479	4.12	5887479	11.34
	Sub-Total - B2	7464646	28.31	17013646	32.77
	Total B=B1+B2)	7465746	28.31	17014746	32.77
	GRAND TOTAL(A+B1+B2)	26367291	100.00	51916291	100

* The shareholding pattern figures are derived under the assumption that all proposed warrants and equity shares will be subscribed in accordance with the shareholders' resolution No. 3 and No. 4 respectively, and that all warrants will subsequently be exercised or converted into equity shares. However, if any equity shares or warrants remain unsubscribed or unexercised, the figures will be adjusted accordingly.

This Corrigendum to the EGM Notice shall form an integral part of the EGM Notice, which has already been circulated to the Shareholders of the Company and on and from the date hereof, the EGM Notice shall always be read in conjunction with this Corrigendum. This Corrigendum will be made available on website of the stock exchange i.e. BSE and on the website of the Company. All other contents of the EGM Notice, save and except as modified or supplemented by this Corrigendum, shall remain unchanged.

For Suditi Industries Limited

Sd/-

Pawan Agarwal Director DIN: 00808731