Corporate News
Technojet Consultants Ltd. is proposing a preferential allotment of 6,91,000 shares to seven individuals, including Nimesh Sahadeo Singh, Nikita Sanjay Jain, Shrushti Mukesh Shah, Rahul Sureshbhai Domadiya, Alpa Vijay Patel, Kaushal Nilesh Sangani, and Jai Manish Shanghvi. Following the allotment, Singh will hold a 46.43% stake, potentially leading to him becoming a promoter and triggering a subsequent open offer to existing shareholders. The move, which requires shareholder approval via a special resolution, is being conducted in compliance with SEBI regulations and the Companies Act, 2013, and ensures adherence to Rule 19A of the Securities Contracts (Regulation) Rules, 1957. The company confirms the shares are not being offered to entities from countries sharing a land border with India, and allottees have provided their PAN numbers.