Univastu India Limited has issued a corrigendum for its Extra Ordinary General Meeting (EGM) scheduled for January 20, 2026. The EGM will be held via Video Conferencing at 11:00 AM IST.

This corrigendum amends details in the EGM notice dispatched on December 23, 2025. A significant agenda item concerns the proposed issuance of up to 35,00,000 Fully Convertible Warrants to 'Promoters and promoter group Category' at an issue price of ₹84 per warrant, aggregating up to ₹29,40,00,000 (₹29.40 Crore). The warrants are to be issued at face value of ₹10 with a premium of ₹74 per warrant.

Of the total amount, ₹21 per warrant (25% of the issue price) is to be paid upfront, with the remaining ₹63 per warrant (75% of the issue price) payable upon exercise of conversion rights within 18 months from the allotment date. The proposed allottees are Pradeep Khandagale, who will receive 34,00,000 warrants for ₹28,56,00,000, and Rajashri Khandagale, who will receive 1,00,000 warrants for ₹84,00,000.

The funds raised are intended for working capital needs, investments in subsidiaries, and property acquisition for office space and administrative use. The relevant date for determining the floor price of the warrants was set as December 19, 2025, with the floor price determined at ₹84 per warrant. The company has obtained necessary certifications and intends to complete the allotment within 15 days of the special resolution approval by members, subject to regulatory approvals.