Longspur International Ventures Declares EGM Voting Results with Unanimous Approval

Longspur International Ventures Limited has officially declared the outcome of its Extra Ordinary General Meeting (EGM) held on April 6, 2026, with all three resolutions receiving unanimous approval from shareholders. The company announced the results on April 8, 2026, in compliance with regulatory requirements and submitted the outcome to BSE Limited.

Meeting Overview and Attendance

The EGM was conducted at the company's registered office at 9, Botawala Building, 3rd Floor, 11/13, Horniman Circle, Fort, Mumbai 400001, from 11:00 AM to 12:30 PM. The meeting was chaired by the Managing Director, with comprehensive board representation including key executives and independent directors.

Position Name Chairman & Managing Director Mr. Manoj Jain Non Executive Director Mr. Manish Jain Independent Director Ms. Jyoti Bansal Independent Director Mr. Manish Rajendra Saklecha Company Secretary CS Shweta Sharma Chief Financial Officer Mr. Amruth Joachim Couthino Scrutinizer CS Ritika Agrawal

Resolution-wise Outcomes

All three resolutions were passed with unanimous shareholder support, demonstrating strong confidence in the company's strategic initiatives. The resolutions covered key corporate restructuring and capital enhancement measures.

Resolution Type Matter Status Special Resolution 1 Change in main object & alteration in Object Clause III(A) of MOA Approved Special Resolution 7 Offer, issue and allot equity shares on preferential basis Approved Ordinary Resolution 8 Increase in authorized share capital & amendment to Clause V of MOA Approved

Voting Results Summary

The voting process combined remote e-voting and poll-based voting, with 50 members participating across both methods. Out of 3,164 total shareholders as on the cut-off date of March 30, 2026, a total of 3,114,021 votes were cast, representing 22.81% of outstanding shares.

Voting Method Participants Votes Cast Remote E-voting 25 members 3,109,957 votes Poll Voting 25 members 4,064 votes Total 50 members 3,114,021 votes

Regulatory Compliance and Documentation

CS Ritika Agrawal, the appointed scrutinizer, submitted her comprehensive report confirming the voting process's compliance with the Companies Act, 2013, and SEBI regulations. The scrutinizer's report validated the electronic voting system provided by Central Depository Services (India) Limited (CDSL) and confirmed no invalid votes were recorded across all resolutions.

Compliance Aspect Details Cut-off Date March 30, 2026 Remote E-voting Period April 3-5, 2026 Results Declaration April 8, 2026 Regulatory Framework SEBI (LODR) Regulations, 2015 BSE Scrip Code 504340

The company has filed the voting results in XBRL mode and made them available on its website, BSE platform, and CDSL records for stakeholder reference and regulatory compliance. CS Shweta Sharma, Company Secretary & Compliance Officer, signed the official outcome notification submitted to BSE Limited.

Longspur International Ventures Limited has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice following observations from BSE Limited regarding its proposed preferential issue of equity shares.

Key Revision in EGM Notice

The primary modification concerns the relevant date for determining the price of the preferential issue. BSE Limited observed that the original relevant date of March 7, 2026 fell on a Saturday, which is a non-trading day and therefore cannot be used for pricing securities.

Parameter: Original Date Revised Date Relevant Date: Saturday, March 7, 2026 Friday, March 6, 2026 Reason: Non-trading day Last preceding trading day EGM Date: Monday, April 6, 2026 Unchanged

The revised relevant date of March 6, 2026 represents the date 30 days prior to the EGM scheduled for April 6, 2026, in accordance with SEBI (ICDR) Regulations.

Preferential Issue Details

The company proposes to issue 2,03,50,000 equity shares on a preferential basis to 33 proposed allottees. The largest allocation goes to promoter Mr. Manoj Jain, who will receive 16,50,000 shares.

Top Allottees: Category Shares Allocated Mr. Manoj Jain: Promoter 16,50,000 Ms. Pritika Surana: Non-Promoter 16,50,000 Mr. Vinod Harmukhrai Beriwal: Non-Promoter 16,50,000 M/s Kuber Equity Services LLP: Non-Promoter 16,50,000 M/s Chirag Shantilal Shah (HUF): Non-Promoter 10,00,000

Impact on Shareholding Pattern

The preferential issue will significantly alter the company's shareholding structure. The total issued capital will increase from 1,36,50,000 shares to 3,40,00,000 shares post-issuance.

Shareholding Category: Pre-Issue Shares Pre-Issue % Post-Issue Shares Post-Issue % Promoters Holding: 31,09,098 22.78% 47,59,098 14.00% Non-promoters Holding: 1,05,40,902 77.22% 2,92,40,902 86.00% Total Shares: 1,36,50,000 100% 3,40,00,000 100%

Despite receiving additional shares, the promoter's percentage holding will decrease from 22.78% to 14.00% due to the dilutive effect of the preferential issue.

Regulatory Compliance

The corrigendum was issued on March 25, 2026, following the company's receipt of observations from BSE Limited. The document emphasizes that this corrigendum forms an integral part of the original EGM notice dated March 10, 2026, and must be read in conjunction with it.

The company has uploaded the corrigendum on its website and BSE's platform for shareholder access. All other contents of the original EGM notice remain unchanged except for the modifications specified in this corrigendum.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.