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Board Meeting29 Jul 2026, 02:21 pm

Pro Clb Global Ltd Corrects Allottee Name, Approves Capital Increase

AI Summary

Pro Clb Global Ltd has issued a revised disclosure following a board meeting on July 29, 2026. The company corrected a typographical error in the name of a proposed allottee, changing 'Truptiben Nileshbhai Vora' to 'Truptiben Nileshbhai Shah'. The board also approved an increase in authorized share capital from ₹6.25 crore to ₹16.75 crore, subject to member approval. Additionally, the company decided to raise funds by issuing up to 1,16,14,250 warrants at a minimum price of ₹32.20 each, with the right to convert into equity shares within 18 months. A list of 70 proposed allottees and their respective share allocations was provided.

Key Highlights

  • Typographical error in allottee name corrected.
  • Authorized share capital increased from ₹6.25 Cr to ₹16.75 Cr.
  • Plan to raise funds via 1.16 Cr warrants at ₹32.20 each.
  • Board meeting held on July 29, 2026, approved key decisions.