Orchasp Ltd Revises Preferential Issue Disclosure

Orchasp Ltd has filed a revised disclosure regarding a preferential issue of equity shares, correcting a typographical error in the post-issue percentage. The company initially disclosed 2.12% post-issue shareholding, which has now been corrected to 4.15%. This revision pertains to the conversion of a loan into equity shares at an issue price of Rs. 4.74 per share, aggregating up to Rs. 7.11 crore. The Board also approved the appointment of three new directors: Mrs. Sirisha Pattapurathi as Non-Executive, Non-Independent Director, and Mr. Srinivasu Sunkara and Mr. Ravi Prasad Muthyam as Independent Directors. Additionally, the notice for the Annual General Meeting on September 30, 2026, was approved.