
AGM/EGM9 Oct 2026, 09:12 pm
Quality Power Electrical Equipments Ltd Issues EGM Notice Corrigendum
AI Summary
Quality Power Electrical Equipments Ltd has issued a Corrigendum to the Notice of its Extra-Ordinary General Meeting (EGM) scheduled for October 19, 2026. This corrigendum is in response to observations from the National Stock Exchange of India (NSE) regarding a proposed preferential issue of shares. Key clarifications include correcting the date of the EGM Notice to September 26, 2026 (date of dispatch), adjusting the Volume Weighted Average Price (VWAP) calculation period for the preferential issue, and revising the maximum number of Equity Shares to be issued from 10,19,635 to 10,17,123. The allotment of shares is linked to the acquisition of Winwin Speciality Insulators Limited.
Key Highlights
- Corrigendum issued for EGM notice dated September 26, 2026.
- Clarifications provided regarding preferential issue of shares.
- VWAP calculation and number of shares to be issued have been revised.
- Allotment of shares is tied to the acquisition of Winwin Speciality Insulators Limited.
Price Impact
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