Koura Fine Diamond Jewelry Ltd

EGM corrigendum highlights

• Corrigendum to EGM notice for Aug 31, 2026 04:30 PM via VC/OAVM issued.
• Substitutes Anil Vrujlal Jogia with Geetaben Dhirajlal as proposed Item 2 allottee.
• Proposes up to 6,00,000 convertible warrants at Rs 37 each, aggregating Rs 2.22 crore.
• Allottees: Kamlesh Keshavlal Lodhiya (promoter) 3,50,000; Jogiya Geetaben Dhirajlal (non-promoter) 2,50,000.
• Minimum issue price fixed at Rs 36.48 per share; issue price Rs 37 complies.
• Valuation report corrected; relates to Koura; Osia Hyper Retail Limited named in error.
• Proceeds for working capital and general corporate purposes; no change in control; listing on BSE.
• Remote e-voting from Aug 28 to Aug 30, 2026; cut-off Aug 24, 2026.

Item 1 – Capital increase

• Increase Authorized Capital to Rs 7.40 crore by creating 2 lakh new shares; MOA alteration.

Item 2 – Warrants issue

• Issue up to 6 lakh Convertible Warrants at Rs 37 per warrant; private placement.

Promoter/Director interest

• Kamlesh Lodhiya to subscribe for 3,50,000 warrants; Anil Jogia not subscribing.

Key terms of warrants

• Warrants exercisable into equity at Rs 37; 25% upfront, 75% on exercise; 18-month expiry.

Funding use

• Proceeds of Rs 2.22 crore for working capital and general corporate purposes.

Timing & approvals

• Allotment to occur within 15 days of passing resolution; warrants exercisable within 18 months.

Impact on shareholding

• Post-issue shares show promoter stake increasing; non-promoter holdings diluted; details in table.

Board/management changes

• No director appointment or remuneration changes; no change in control.

Regulatory/pricing disclosures

• Minimum issue price Rs 36.48 per share; independent valuer certification uploaded.

Other details

• Relevant date for price determination: Friday, July 31, 2026.

Key resolutions

• Authorized share capital increased to Rs 7.40 crore, 2,00,000 new equity shares ranking pari passu, subject to approval.
• Convertible Warrants up to 6,00,000 issued on preferential basis at Rs 37 per warrant, subject to approval.
• EGM to consider warrants and related matters scheduled for Aug 31, 2026 at 4:30 PM.
• Dilip Swarnkar & Associates appointed as Scrutinizer for E-voting and Scrutinizer Report.
• Warrants issuance subject to shareholders' approval at ensuing General Meeting.

Meeting Details

• Board meeting scheduled for 06 August 2026; time and venue not disclosed.

Key Agenda Items

• Increase in Authorised Share Capital of the company.
• Proposal to raise funds via equity shares/convertible warrants via preferential allotment, subject to approvals.
• Fix date/time/place for EOGM to obtain shareholder approval for the preferential issue and other items.
• Any other business with the chair's permission incidental to the business.

Other Notes

• Trading window remains closed from 31 July 2026 until 48 hours after conclusion of the meeting.

Stock exchange reporting

• Details of dematerialised/rematerialised securities for the period were furnished to all stock exchanges.
• The registrar and depositories confirmed reporting to exchanges.

Meeting Details

• Board meeting scheduled for 22 May 2026.
• Time and location were not disclosed.

Key Agenda Items

• Approve audited financial results for half year and year ended 31 March 2026.

Other Notes

• No additional material investor information was disclosed.