AGM/EGM19 Jun 2026, 03:29 pm
Sigma Advanced Systems Ltd: Corrigendum to EGM Notice
AI Summary
Sigma Advanced Systems Ltd has issued a corrigendum to its earlier notice for an Extra-Ordinary General Meeting (EGM) scheduled for June 28, 2026. This corrigendum, prompted by suggestions from BSE and NSE, modifies specific details related to the proposed preferential issue of equity shares, particularly concerning the utilization of proceeds for general corporate purposes (up to 25% or INR 115 Crore) and potential deviations within a +/- 10% range based on market conditions. The corrigendum is an integral part of the original EGM notice and aims to provide necessary clarifications to the members.
Key Highlights
- EGM notice amended via corrigendum due to stock exchange suggestions.
- Modifications concern preferential issue details and fund utilization.
- Up to 25% (INR 115 Cr) of proceeds allocated for general corporate purposes.
- Fund utilization may deviate +/- 10% based on market factors.
Price Impact
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