Announced Mon, 20 Jul · 19:24 IST
CLN Energy corrigendum: Preferential issue price raised to Rs 423
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹520.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
CLN Energy issued a corrigendum to its June 18, 2026 Postal Ballot Notice, revising the preferential issue price from Rs 401 to Rs 423 per share for 2,50,000 equity shares to a promoter group entity. Aggregate issue size rises from Rs 10.03 crore to Rs 10.58 crore. The relevant date is corrected to Tuesday, June 23, 2026. Floor price is Rs 422.82. The corrigendum also covers increase in authorised share capital. Postal ballot e-voting ends July 23, 2026.
Likely market impact
Higher issue price means company raises more per share; slight dilution remains. Shareholders should review revised terms before voting on July 23.