Sah Polymers Limited has informed the Exchange about Copy of Newspaper Publication regarding Corrigendum to the Notice of Extra-Ordinary General Meeting.
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sah Polymers Limited published a corrigendum in The Indian Express and Dainik Pukar on June 1, 2025, to amend the notice of its Extra-Ordinary General Meeting (EOGM) scheduled for June 6, 2025, at 10:30 AM in Udaipur. The original notice, dated May 14, 2025, relates to a proposed preferential issue of convertible warrants to Promoters and Non-Promoters at Rs. 90 per warrant (including a premium of Rs. 80), which is higher than the SEBI-mandated minimum price. Key corrections include replacing the term 'exercise price' with 'Issue Price', providing clearer pricing details, updated shareholding pattern (current equity capital of 2,57,96,000 shares of Rs. 10 each), removal of certain Designated Partners references, and addition of a valuation report reference. The corrigendum forms an integral part of the original EOGM notice and is available on the company website and stock exchange portals (BSE: 543743, NSE: SAH).
This is a procedural update clarifying details of a proposed preferential warrant issue for shareholders ahead of the EOGM. Investors should review the revised pricing and shareholding pattern as the warrant issuance could lead to equity dilution once exercised.