
Orchasp Ltd: AGM Notice Point Revised on NSE Direction
Orchasp Ltd has revised Point 5 of the explanatory statement for Agenda 6 of its AGM held on September 30, 2026. This revision, directed by the National Stock Exchange of India (NSE), pertains to the preferential issue of equity shares. The original wording stated shares would be issued to investors in the 'Promoter Category,' while the revised text clarifies they will be issued to an investor belonging to the 'Promoter Category.' The company obtained the PAN of the proposed allottee, identified as Wahtulmsylh Limgawlat, for 1,50,00,000 equity shares totaling ₹7,11,00,000. The resolution for the preferential issue was passed by shareholders with 99.99% of votes. This clarification ensures transparency and uniform dissemination of information, with no other terms of the preferential issue or the passed resolution being altered.
Key Highlights
- AGM notice point revised due to NSE direction.
- Clarification on the category of allottee for preferential issue.
- Preferential issue of 1.5 Cr shares for ₹7.11 Cr approved.
- Resolution passed with 99.99% shareholder approval.
- No change to other terms of the preferential issue.
Price Impact
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