StockWatch
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Trading & Distributors
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.