Sheetal Cool Products Limited (SCPL) has announced its Extraordinary General Meeting (EGM) scheduled for Thursday, February 05, 2026, at 12:00 PM. The meeting will be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM).

The primary business of the EGM is to seek shareholder approval for the issuance of up to 8,40,000 Fully Convertible Warrants through a preferential allotment to non-promoters. These warrants are convertible into equity shares of face value ₹10 each within 18 months of allotment.

The company has fixed January 02, 2026, as the cut-off date for determining eligible members. The remote e-voting period will commence on February 02, 2026, at 9:00 a.m. and close on February 04, 2026, at 5:00 p.m. The resolution requires a Special Resolution.

Details regarding the preferential allotment include that 25% of the warrant issue price will be paid upon allotment, with the remaining 75% payable upon conversion. Warrants and resultant shares will be listed on the stock exchanges and rank pari-passu with existing equity shares. A lock-in period will apply to pre-preferential shareholding and warrants, as prescribed by ICDR Regulations.