AGM/EGM21 Sept 2026, 03:45 pm
SMT Engineering Issues Corrigendum for AGM Notice
AI Summary
SMT Engineering Ltd has submitted a corrigendum to the notice of its Annual General Meeting (AGM) scheduled for September 30, 2026. The corrigendum clarifies specific details within the explanatory statement for Item Number 5 of the original notice. Key modifications include correcting the total number of warrants to 1,42,858 and revising the utilization of proposed funds. The funds will be used for investment in Chemerix Life Sciences Private Limited (a step-down subsidiary) for capital expenditure on a manufacturing unit and for general corporate purposes, totaling ₹4,00,00,240. The corrigendum is integrated into the original AGM notice and is available on the company's website, CDSL, and BSE.
Key Highlights
- Corrigendum issued for AGM notice dated September 3, 2026.
- Total number of warrants corrected to 1,42,858.
- Funds to be utilized for subsidiary investment and general corporate purposes.
- Total utilization amount is ₹4,00,00,240.
- AGM to be held on September 30, 2026, via VC/OAVM.
Price Impact
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