
AGM/EGM5 Oct 2026, 03:51 pm
Abhinav Leasing Files Corrigendum for 42nd AGM Notice
AI Summary
Abhinav Leasing & Finance Ltd has submitted a corrigendum to the notice of its 42nd Annual General Meeting (AGM). The corrigendum introduces a significant addition: a proposed preferential issue of convertible share warrants to raise ₹6,00,00,000 (₹6 Crore) solely for working capital requirements. The notice also details the pre-issue and post-issue shareholding patterns, indicating a substantial shift in non-promoter holdings, particularly from Alternative Investment Funds and Bodies Corporate. The funds raised will be progressively utilized based on the company's business needs and cash flow position, adhering to all applicable regulations.
Key Highlights
- Corrigendum filed for the 42nd AGM notice.
- Proposed preferential issue to raise ₹6 Crore for working capital.
- Significant changes in post-issue shareholding patterns detailed.
- Funds to be utilized progressively based on business requirements.
Price Impact
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