---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-218087"
form_type: "8-K"
ticker: "RDZN"
cik: "0001868640"
company_name: "Roadzen Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:46:49.114534+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vahanna SPAC extends deadline to Sep 26; ~$87.4M redeemed by 8.1M shares, trust drops to ~$127.4M

## Summary
- Sponsor deposits $225k for first of nine possible one-month extensions; now must close by Sep 26, 2023.
- 8,145,699 Class A shares redeemed at ~$10.73/share, removing ~$87.4M from trust; ~$127.4M remains.
- Shareholders approved charter and trust amendments allowing monthly extension payments of lesser of $0.033/share or $225k.
- Post-redemption outstanding shares: 16,866,801 (11,864,301 Class A + 5,002,500 Class B).
- Company still pursuing business combination with Roadzen Inc., an AI insurance tech firm.

## SEC filing metadata
- accession: 0001193125-23-218087
- form_type: 8-K
- ticker: RDZN
- cik: 0001868640
- company_name: Roadzen Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/0001193125-23-218087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/d482040d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-218087
- JSON: https://secwatch.observer/filing/0001193125-23-218087.json
- Plain text: https://secwatch.observer/filing/0001193125-23-218087.txt

## Key facts
- Governance Changes
  Roadzen Inc.: Adopted amended and restated memorandum and articles of association to modify the monthly extension deposit amount and provide up to nine additional one-month extensions (effective 2023-08-22).
  - Change: charter amendment
  - Effective: 2023-08-22
  source text: As approved by its shareholders at the Meeting on August 22, 2023, the Company adopted its amended and restated memorandum and articles of association on August 22, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/0001193125-23-218087-index.htm
- Material Agreements
  Roadzen Inc. amended Trust Amendment with Continental Stock Transfer & Trust Company valued at Extension of Combination Period up to nine months, with monthly payments of lesser of $0.033 per sha (effective 2023-08-22).
  - Action: amendment
  - Counterparty: Continental Stock Transfer & Trust Company
  - Value: Extension of Combination Period up to nine months, with monthly payments of lesser of $0.033 per sha
  - Effective: 2023-08-22
  source text: on August 22, 2023, Vahanna Tech Edge Acquisition I Corp. (the “Company” or “Vahanna”) entered into an amendment (the “Trust Amendment”) to the investment management trust agreement, dated as of November 22, 2021, with Continental Stock Transfer & Trust Company (the “Trust Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/0001193125-23-218087-index.htm
- Shareholder Votes
  Roadzen Inc. shareholders approved Amend and restate the Company’s memorandum and articles of association to modify the monthly amount that the Sponsor must deposit into the Trust Account and provide up to nine additional one-month extensions at the 2023-08-22 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-08-22
  source text: The Charter Amendment Proposal was approved by special resolution of the Company’s shareholders, and received the following votes: Vahanna Ordinary Shares Votes For Vahanna Ordinary Shares Votes Against Vahanna Ordinary Shares Abstentions 20,874,572 2 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/0001193125-23-218087-index.htm
- Shareholder Votes
  Roadzen Inc. shareholders approved Approve an amendment to the Trust Agreement to provide the Company the right to extend the Combination Period up to nine times at the 2023-08-22 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-08-22
  source text: The Trust Amendment Proposal was approved by ordinary resolution of the Company’s shareholders, and received the following votes: Vahanna Ordinary Shares Votes For Vahanna Ordinary Shares Votes Against Vahanna Ordinary Shares Abstentions 20,874,571 3 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1868640/000119312523218087/0001193125-23-218087-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.