
Craftroot Retail Ltd: Corrigendum to EGM Notice on Preferential Issue
Craftroot Retail Limited has issued a corrigendum and addendum to its EGM notice dated October 6, 2026. The EGM, scheduled for November 5, 2026, will discuss revisions to a proposed preferential issue of convertible equity warrants. Key amendments include replacing an allottee (Innovative Infraplus India Limited) with ANDIELA TRADERS LLP, extending the utilization timeline for preferential issue proceeds from March 2027 to March 2028, and adding an item concerning related-party transactions. The company is seeking BSE's approval and will circulate the updated information to its members.
Key Highlights
- EGM notice amended to include changes in preferential issue details.
- Allottee Innovative Infraplus India Ltd replaced by ANDIELA TRADERS LLP.
- Utilization timeline for preferential issue proceeds extended to March 2028.
- Additional agenda item on related-party transactions added.
- Company seeks BSE approval for the corrigendum.
Price Impact
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