Swaraj Suiting Ltd: EGM Explanatory Statement Clarifications on Preferential Issue

Swaraj Suiting Ltd has issued clarifications regarding the explanatory statements for its Extra-Ordinary General Meeting (EGM) held on October 24, 2026. These clarifications pertain to the preferential issue of equity shares and warrants. The updated information includes revised shareholding patterns pre and post the preferential issue, details on the fully diluted post-issue shareholding of allottees, and their current and proposed status. The annexure also provides updated shareholding details for both equity shares and warrants conversion, showing the percentage held by proposed allottees like Clarus Capital I and others, both before and after the issue. The valuation report is also to be read with its addendum.