
AGM/EGM9 Jun 2026, 06:51 pm
Hariom Pipe Issues EGM Notice Corrigendum, Revises Issue Price
AI Summary
Hariom Pipe Industries Ltd has issued a Corrigendum cum Addendum to its Extra-Ordinary General Meeting (EGM) notice, originally scheduled for June 16, 2026. The corrigendum addresses changes to Resolution No. 1 concerning the preferential issue of warrants convertible into equity shares. Specifically, the issue price for the equity shares has been revised from ₹343.00 to ₹343.03 per share, increasing the aggregate consideration to ₹51,45,45,000. This update is in response to observation letters from NSE and BSE, requiring rectification and additional details. The EGM will proceed as planned, with the notice now to be read in conjunction with this corrigendum.
Key Highlights
- EGM notice amended to include changes in preferential issue details.
- Issue price per equity share revised slightly to ₹343.03.
- Aggregate consideration for warrants increased to ₹51,45,45,000.
- Corrigendum issued following exchange feedback from NSE and BSE.
- EGM remains scheduled for June 16, 2026, with updated notice.
Price Impact
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