BSECandour Techtex LtdHighNeutral
Announced Fri, 14 Nov · 15:20 IST

This is with reference to the Extra-Ordinary General Meeting Notice dated 20th October 2025 issued by the company for the purpose of seeking members approval by way Ordinary / Special resolution, ....

Fund Raising View source PDF

Price

Loading chart…

▲ 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

Candour Techtex filed a corrigendum to its October 20, 2025 EGM notice after BSE raised queries on November 11, 2025. The EGM, scheduled for November 20, 2025, will seek shareholder approval to increase authorised share capital and issue 67,86,400 equity shares and 90,72,000 convertible warrants on a preferential basis. The corrigendum adds a valuation report from CA Sayali Deshkar, a practising company secretary certificate from N.L. Bhatia & Associates, and the full list of proposed allottees (around 191 names for Item 2 and 86 names for Item 3, all classified non-promoter except one promoter entry). Two minor corrections are made: updated pre-issue shareholding for allottees Bhakti Prafull Dharod and Gabriel Pet Straps Limited, and replacement of allottee 'Sanjay Harshadrai Mehta' with 'SV Enterprises' for Item 3.

Likely market impact

The corrigendum is largely procedural and does not alter the size of the preferential issue. If approved, existing shareholders will face dilution as equity and warrants are allotted to a large pool of non-promoter allottees, indicating a capital-raising exercise ahead of the EGM vote on November 20, 2025.