AGM/EGM19 Sept 2026, 07:00 pm
Wardwizard Healthcare Issues Corrigendum for 42nd AGM Notice
AI Summary
Wardwizard Healthcare Ltd has issued a corrigendum to the notice of its 42nd Annual General Meeting (AGM), scheduled for September 30, 2026. This corrigendum clarifies the object of a preferential issue of fully convertible warrants. Specifically, it details an investment of ₹8 Crores in Wardwizard Medicare Private Limited (WMPL) via subscription to 2% Non-Cumulative Convertible Preference Shares. The funds will support WMPL's growth and expansion in its healthcare business, which includes operating four hospitals and an Ayurvedic center. The company confirms the entire amount will be invested solely in WMPL and not used for loan repayments.
Key Highlights
- Corrigendum issued for the 42nd Annual General Meeting notice.
- AGM to be held on September 30, 2026, via Video Conferencing.
- Clarifies preferential issue of warrants for ₹8 Cr investment in WMPL.
- Investment to support growth and expansion of WMPL's healthcare business.
- Confirms investment is solely in WMPL and not for loan repayment.
Price Impact
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