Stellant Securities updated its Extraordinary General Meeting (EGM) notice with a corrigendum.

The company clarified its use of funds from a preferential issue, allocating 98% for investments in listed shares, warrants, and other securities, and 2% for human resources for technical research and analysis.

Due to eligibility criteria under applicable regulations, two proposed allottees were removed.

This adjustment reduces the preferential issue to 1,289,177 equity shares at ₹602 each, totaling ₹77.61 Cr.

The timelines for fund utilization were also specified.

Shareholders are advised to review these updated details regarding the EGM.