
AGM/EGM10 Sept 2026, 02:42 pm
Lippi Systems Corrects AGM Borrowing Limit to ₹50 Cr
AI Summary
Lippi Systems Limited has issued a corrigendum to its 33rd Annual General Meeting (AGM) notice, correcting a typographical error in the proposed borrowing limits. The original notice, dated August 27, 2026, incorrectly stated a borrowing limit of ₹500 Crores. This corrigendum rectifies the limit to ₹50 Crores for both the resolution text and the explanatory statement concerning Section 180 of the Companies Act, 2013. The correction pertains to the approval of borrowing powers and the creation of charges on the company's assets. The AGM is scheduled for September 30, 2026, via Video Conferencing. All other aspects of the AGM notice and annual report remain unchanged.
Key Highlights
- AGM notice corrected for borrowing limit error.
- Proposed borrowing limit reduced from ₹500 Cr to ₹50 Cr.
- Correction pertains to Section 180 of the Companies Act, 2013.
- AGM to be held on September 30, 2026, via VC/OAVM.
- All other AGM details remain unchanged.
Price Impact
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