Clarification1 Jun 2026, 07:12 pm
Ambica Agarbathies: Issue Price Correction to ₹25
AI Summary
Ambica Agarbathies & Aroma Industries Ltd. issued a correction regarding the issue price of equity shares in their Board Meeting outcome dated May 30, 2026. The issue price was inadvertently mentioned as ₹24 per share (including a premium of ₹14) due to a typographical error. The correct issue price is ₹25 per share (including a premium of ₹15). This correction pertains to Point No. 7 of page no.1 and Annexure I of page no.3 of the original disclosure. The company confirms that all other disclosures remain unchanged.
Key Highlights
- Ambica Agarbathies corrects equity share issue price to ₹25.
- Typographical error led to incorrect price of ₹24 being stated.
- Correction applies to preferential allotment to promoter group.
- 8,48,600 equity shares to be issued at corrected price.
- All other disclosures in the original outcome letter remain unchanged.
Price Impact
More from AMBICAAGAR