One Point One Solutions issues corrigendum to Postal Ballot Notice for Rs 84 crore preferential issue

One Point One Solutions Limited has issued a corrigendum to its Postal Ballot Notice for a proposed preferential issue of Rs 84 crore. The update revises how the company plans to deploy the funds and gives more detail on the prospective allottee and beneficial ownership.

According to the corrigendum, the proposed preferential issue aims to raise Rs 84 crore by June 11, 2028. The company plans to allocate Rs 20.16 crore for general corporate purposes and invest Rs 63.84 crore in its wholly owned Dubai subsidiary, One Point One Solutions MENA Holdings Ltd.

The revised objective of the preferential issue appears in Item No. 1 of the Explanatory Statement to the Postal Ballot Notice originally dated December 11, 2025. Apart from the changes to the utilisation of proceeds and related clarifications, all other terms in the original notice remain unchanged and continue to apply.

The company states that funds from the preferential issue will not remain idle. Until the full amount is deployed, the proceeds may be retained in corporate bank accounts or placed in low-risk instruments. These may include money market instruments, debt mutual funds, or fixed deposits, depending on business needs and treasury strategy.

The key components of the proposed utilisation of Rs 84 crore are set out below:

Purpose	Amount (Rs)
General corporate purposes	20,16,00,000
Investment in One Point One Solutions MENA Holdings Ltd., Dubai	63,84,00,000
Total proposed preferential issue	84,00,00,000

The corrigendum also clarifies details of the prospective allottee under the preferential issue. Craft Emerging Market Fund PCC-Citadel Capital Fund is identified as a non-promoter allottee. The ultimate beneficial owner of this fund is listed as Debellaire Jean Daniel Didier, a foreign national holding passport number 2094984.

Under the proposal, Craft Emerging Market Fund PCC-Citadel Capital Fund is expected to receive 20,00,000 equity shares. This represents about 0.719% of the post-issue share capital when including the conversion of 1,50,00,000 fully convertible warrants, as described in the corrected disclosure.

The corrigendum forms an integral part of the original Postal Ballot Notice and must be read with it. The e-voting process linked to this notice started on December 12, 2025 and is scheduled to close on January 10, 2026 at 5:00 p.m. IST.

Shareholders who have already voted are allowed to revise their vote after considering the updated information. Such shareholders may contact the scrutinizer before the e-voting window closes on January 10, 2026, if they wish to change their earlier voting instructions on the preferential issue.

One Point One Solutions, also referred to as 1Point1, operates in the Business Process Management space and serves clients in telecom, BFSI, e-commerce and travel. The company provides AI-enabled solutions in areas such as data management, digital transformation, customer experience, and back-office services to domestic and international customers.