Clarification5 May 2026, 06:01 pm
Purshottam Investofin: Correction to NCD Put Option Exercise Period
AI Summary
Purshottam Investofin Ltd has announced a correction to the terms of its Non-Convertible Debentures (NCD) allotment dated March 24, 2026. The company stated that the put option exercise period was incorrectly mentioned as 6 months, instead of the correct 16 months from the Deemed Date of Allotment. The company has requested the exchange to take the correction on record.
Key Highlights
- Clerical error reported in the Outcome of the Board Meeting dated 14.03.2026.
- Error pertains to the Allotment of Non-Convertible Debentures (NCD) dated 24.03.2026.
- Put Option exercise period incorrectly stated as 6 months instead of 16 months.
- Correction requested to be taken on record by the exchange.
Price Impact
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