Home/article/Notice of Extraordinary General Meeting to the members of PayMate India Limited. - June 24, 2024

Notice of Extraordinary General Meeting to the members of PayMate India Limited. - June 24, 2024

Written by: Diksha Kalra

Published: Sep 16, 2026

Updated: Sep 16, 2026

2 min read

Special Business

To consider and approve the withdrawal of the offer for the issue of Non-Cumulative Participating Compulsorily Convertible Preference Shares (“CCPS”) of re. 1/- each fully paid-up on private placement cum preferential allotment basis approved in the Extra-ordinary General Meeting held on 11th May 2024.
To approve the issue of equity shares of re. 1/- each fully paid up on private placement cum preferential allotment basis.

Sr. No.	Name of Proposed Investor	Address of the Proposed Investor	No. of Equity Shares at a face value of Rs. 1/- per share	Proposed Subscription Amount (Approximate in USD)
1	Anil Chandirani	Villa 353, 11B ST ALSAFFA, 1st Dubai, UAE	1,48,215	USD 10,00,000
2	Yenduri Sreenivasa Rao	Flat No.306, Vijaya Ganapathi Towers, Amara Vari Veedhi, Andhra Pradesh-523155.	7,190	USD 48,180.66
3	Gaurav Panjwani	Sak A-602, Sheikh Hamdan building, Bur Dubai	1,785	USD 11,961.40

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