Beezaasan Explotech Issues Second Corrigendum for Preferential Issue

Beezaasan Explotech Limited has issued a second corrigendum to its Extraordinary General Meeting (EGM) notice, originally dated September 18, 2026. The corrigendum provides additional disclosures, clarifications, and corrections regarding the special resolution for a proposed preferential issue and its accompanying Explanatory Statement. The EGM is scheduled for October 13, 2026, via Video Conferencing. The company intends to utilize the proceeds from the preferential issue primarily for augmenting long-term working capital requirements for its manufacturing operations, including procurement of raw materials, inventory management, and meeting trade receivables. The proposed utilization is for ₹29.28 Crores over 12 months from fund receipt. The filing also details the shareholding pattern before and after the proposed allotment, showing a slight decrease in the promoter and promoter group's stake from 74.99% to 72.54%.