Clarification6 Jul 2026, 04:13 pm
Tirth Plastic Ltd Clarifies Board Meeting Outcome on Warrants
AI Summary
Tirth Plastic Ltd has issued a revised disclosure to clarify an inadvertent error in the outcome of its Board of Directors meeting held on July 04, 2026. The original disclosure mistakenly mentioned approval for a preferential issue of equity shares. The company now clarifies that the Board's approval was for a preferential issue of up to 45,00,000 convertible warrants. This issuance is subject to shareholder and other necessary statutory and regulatory approvals. All other details from the July 04, 2026 Board Meeting outcome remain unchanged.
Key Highlights
- Board meeting outcome revised for clarity.
- Approval is for convertible warrants, not equity shares.
- Up to 45,00,000 convertible warrants to be issued.
- Subject to shareholder and regulatory approvals.
- No other changes to the original board meeting disclosure.
Price Impact
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