Investment9 Mar 2026, 04:38 pm
NDA Securities Issues Corrigendum to Notice of EGM for Preferential Issue of Equity Shares
AI Summary
NDA Securities Limited has issued a corrigendum to the notice of its 2nd EGM for FY 2025-26, scheduled for March 16, 2026. The corrigendum informs shareholders of changes in Item No. 1 of the EGM Notice. The company is seeking approval for a preferential issue of equity shares to promoter & promoter group and non-promoter entities. The issue size is Rs. 62,90,00,000, and the issue price is Rs. 37 per equity share. The company intends to utilize the proceeds towards making an investment in its wholly owned subsidiary, NDA Capital Advisors Private Limited.
Key Highlights
- NDA Securities issued a corrigendum to the notice of its 2nd EGM for FY 2025-26
- The company is seeking approval for a preferential issue of equity shares
- The issue size is Rs. 62,90,00,000, and the issue price is Rs. 37 per equity share
- The proceeds will be utilized towards making an investment in NDA Capital Advisors Private Limited
- The corrigendum was issued due to observations from BSE and changes in allottees and issue price
Price Impact
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