One Point One Solutions Limited has issued a corrigendum to its Postal Ballot Notice originally dated December 11, 2025. Dispatched on January 7, 2026, this document provides critical updates and clarifications regarding a proposed preferential issue.
The key change outlined in the corrigendum relates to the utilisation of proceeds from the proposed preferential issue, aggregating to Rs 84 crore. Of this, Rs 20.16 crore is earmarked for general corporate purposes, while a significantly larger portion-Rs 63.84 crore-is proposed to be invested in the company’s Dubai-based wholly owned subsidiary, One Point One Solutions MENA Holdings Ltd.
The current e-voting period began on December 12, 2025, and is set to finish on January 10, 2026, at 5:00 p.m. IST. Other than the particular changes outlined in this update, all other provisions of the original notification are still in effect.
The revised “objective of the preferential issue” listed in Item No. 1 of the Explanatory Statement is a major emphasis of the corrigendum. By June 11, 2028, the firm hopes to have raised a total of 84,000,000. In particular, 20,16,00,000 would be used for general corporate purposes, and the remaining 63,84,00,000 will be invested in One Point One Solutions MENA Holdings Ltd., the company’s wholly-owned subsidiary located in Dubai. The money will be held in corporate bank accounts or parked in low-risk securities like money market instruments, debt mutual funds, or fixed deposits until it is completely utilized.
The prospective allottees and their eventual beneficial owners were also made clear by the corporation. Craft Emerging Market Fund PCC-Citadel Capital Fund is listed as a non-promoter allottee in the corrigendum. Debellaire Jean Daniel Didier, a foreign person with passport number 2094984, is designated as the fund’s ultimate beneficial owner.
20,00,000 equity shares, or around 0.719% of the post-issue capital, including the conversion of 1,50,00,000 fully convertible warrants, will be given to this allottee.
Additionally, the company has emphasized that the corrigendum should be seen as an essential component of the original Postal Ballot Notice and that all other terms and conditions of the original notice remain unaltered. Before the voting closes on January 10, 2026, shareholders who have already cast their ballots but would like to change them in light of the new information can do so by reaching out to the scrutinizer.
One Point One Solutions (1Point1) is a prominent Indian supplier of tailored Business Process Management (BPM) services. It offers AI-powered solutions for data management, digital transformation, customer experience, and back-office support to sectors like telecom, BFSI, e-commerce, and travel.
