
CP Capital Ltd: Preferential Issue Committee Approves Valuation Report
CP Capital Limited's Preferential Issue Committee met on October 26, 2026, to address queries from NSE regarding a proposed preferential issue of fully convertible warrants to the Promoter and Promoter Group. The committee noted the requirement for a valuation report and took note of the report dated October 23, 2026, by Mr. Rohit Khandelwal, an independent Registered Valuer. The valuation determined a price of ₹151.44 per warrant. Consequently, the committee approved a Corrigendum to the Extraordinary General Meeting (EGM) Notice dated October 9, 2026, to incorporate these details. The EGM is scheduled for November 2, 2026, to seek member approval for the preferential issue. A revised certificate from M/s. Bharat Rathore & Associates was also noted.
Key Highlights
- Preferential issue committee reviewed NSE queries on warrant issuance.
- Valuation report sets warrant price at ₹151.44 per warrant.
- Corrigendum approved for EGM notice regarding preferential issue.
- EGM scheduled for November 2, 2026, to approve the issue.
Price Impact
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