| <p>Tandhan Industries Limited, formerly Sanmitra Commercial Limited, is seeking shareholder approval for a preferential allotment of fully convertible warrants to promoters and a promoter group. The allotment would involve issuing 1,38,84,087 shares to Anuj Jalan, 1,32,86,582 shares to Ankit Jalan, and 15,00,000 shares to Daivik Jalan, totaling 2,86,70,669 shares, representing 28.99%, 27.93%, and 5.52% of the post-issue capital respectively. The company has obtained a practicing company secretary certificate confirming compliance with SEBI regulations and is adhering to requirements regarding public shareholding and Companies Act provisions. The proposed allottees have confirmed their existing shares are held in dematerialized form and have not been disposed of recently, and a lock-in period will apply to the newly issued shares. The company confirms that none of the allottees are wilful defaulters or incorporated in border-sharing countries.</p> |