StockWatch
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Pharmaceuticals
AGM/EGM13 Oct 2026, 03:27 pm

Bharat Parenterals Ltd: Corrigendum to EGM Notice on Oct 23, 2026

AI Summary

Bharat Parenterals Ltd has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice, originally dated September 29, 2026, for the meeting scheduled on October 23, 2026. The corrigendum provides additional disclosures regarding the proposed Preferential Issue of Equity Shares, as directed by BSE Limited. Specifically, it clarifies the appointment of a Monitoring Agency, Crisil Ratings Limited, a SEBI-registered credit rating agency, to oversee the utilization of proceeds from the preferential issue, given that the issue size exceeds INR 100 Crore. This appointment is a requirement under Regulation 162A of the SEBI ICDR Regulations. All other details from the original EGM notice remain unchanged.

Key Highlights

  • Corrigendum issued for EGM scheduled on October 23, 2026.
  • Additional disclosures on Monitoring Agency for preferential issue.
  • Crisil Ratings appointed as Monitoring Agency.
  • Issue size exceeds INR 100 Crore, requiring a monitoring agency.
  • All other EGM notice details remain unchanged.