
Clarification3 Aug 2026, 08:20 pm
Mahan Industries Issues Corrigendum for EGM on Preferential Issue
AI Summary
Mahan Industries Ltd has issued a corrigendum to its Notice of Extra Ordinary General Meeting (EGM) scheduled for August 15, 2026. This amendment is in response to a query from BSE Limited seeking clarifications and additional disclosures regarding a proposed preferential issue of Equity Shares and Fully Convertible Warrants. The corrigendum provides revised details for the explanatory statement concerning the allotment to proposed promoters and non-promoters, including specific numbers of shares and warrants, and post-issue shareholding percentages. All other terms of the original EGM notice remain unchanged. The corrigendum is available on the company's website and will be circulated to members.
Key Highlights
- EGM notice amended due to BSE query on preferential issue.
- Corrigendum clarifies details of Equity Shares and Warrants allotment.
- Revised allotment details provided for promoters and non-promoters.
- EGM date remains August 15, 2026.
- Company website hosts the updated information.
Price Impact
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