StockWatch
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Non Banking Financial Company (NBFC)
Clarification22 May 2026, 08:52 pm

Team India Guaranty: Clarification on Consideration Percentage

AI Summary

Team India Guaranty Ltd clarifies a typographical error in its March 4, 2026 disclosures. The percentage of requisite consideration received from proposed allottees was incorrectly stated as "62.14%" and has been corrected to "62.41%". The company confirms that this correction does not affect the content or substance of the original disclosures.

Key Highlights

  • Typographical error in consideration percentage corrected.
  • Incorrect percentage: 62.14%, Corrected percentage: 62.41%.
  • Correction does not impact the substance of original disclosure.
  • Proposed allotment of securities remains incomplete.