Revised Corrigendum to the Notice of Extraordinary General Meeting datedSeptember 09, 2025
AVONMORE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Avonmore Capital has issued a revised corrigendum to the EGM notice (originally dated September 9, 2025) after receiving observations from NSE, which directed the company to disclose a revised valuation report. The EGM sought shareholder approval for a preferential issue of convertible warrants. The warrant issue price has been fixed at Rs. 19.85 per warrant, which is the higher of the 90-day VWAP (Rs. 19.85), the 10-day VWAP (Rs. 18.22), and the independent valuation report price (Rs. 19.85). The revised valuation report from registered valuer Shahid F. Chhowala and a Practicing Company Secretary certificate from NPS & Associates have now been disclosed and made available on the company's website. All other contents of the original EGM notice remain unchanged.
This is largely a compliance-driven disclosure update and does not change the core terms of the preferential issue. Shareholders voting on the warrant allotment can now review the revised valuation report, which reinforces transparency on the Rs. 19.85 issue price. No material change to shareholder value is expected, but the disclosure addresses NSE's compliance observations.