
AGM/EGM21 Aug 2026, 05:03 pm
Stellant Securities: EGM Notice Corrigendum Issued
AI Summary
Stellant Securities (India) Ltd has issued a corrigendum to its Extraordinary General Meeting (EGM) notice dated July 24, 2026. The corrigendum clarifies changes to the preferential issue details. Specifically, it updates the utilization of funds to include investment in listed equity shares and advisory services, with 98% allocated to equity investments and 2% to human resources for research. It also states that Mr. Navam Kothari and Mr. Akash Pawankumar Jain are ineligible to participate in the preferential issue due to share sales, leading to their removal from the list of allottees. The total issue size is now Rs. 77.61 Crores for 12,89,177 equity shares.
Key Highlights
- Corrigendum issued for EGM notice dated July 24, 2026.
- Funds to be used for equity investment and advisory services.
- Two individuals removed from preferential issue allottee list.
- Issue size revised to ₹77.61 Crores.
- EGM to be held on August 24, 2026.
Price Impact
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