AKASHNSEAkash Infra Projects LimitedMinimalNeutral
Announced Fri, 6 Mar · 14:47 IST

Akash Infra Projects Limited has informed the Exchange about Newspaper Advertisement published for Corrigendum to EGM notice

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Akash Infra Projects Limited has published a corrigendum to its EGM notice in Free Press Gujarat (English) and Lok Mitra (Gujarati) on March 6, 2026. The EGM is scheduled for Monday, March 16, 2026 at 4:00 PM IST via Video Conferencing. The corrigendum updates Item No. 2 of the original EGM notice dated February 16, 2026, which relates to the proposed issuance of 40,00,000 (40 lakh) Convertible Warrants on a preferential basis. The update was triggered by observations received from the National Stock Exchange (NSE) on the company's in-principle approval application. The corrigendum was electronically dispatched to shareholders on March 4, 2026. E-voting through NSDL will be available from March 13, 2026 (9:00 AM) to March 15, 2026 (5:00 PM).

Likely market impact

Shareholders should review the corrigendum carefully as it modifies the warrant issuance proposal. The NSE observations may indicate compliance issues with the preferential allotment terms, which could affect dilution and pricing for existing shareholders. Shareholders are advised to vote only after reading the updated disclosures on the company and NSE websites.