Corrigendum to the outcome of the board meeting held on April 08, 2026
Awaiting price reaction for this filing.
BJ Duplex Boards Ltd has issued a corrigendum (correction) to its board meeting outcome from April 08, 2026. The company corrected a typographical error in the number of equity shares proposed to be issued to Ms. Shakuntla Rani under a preferential issue by way of share swap. The share count was reduced from 59,28,500 to 49,50,000 equity shares (a reduction of 9,78,500 shares). All other terms of the preferential issue remain unchanged. The filing indicates this was an inadvertent error that needed correction.
This correction reduces the dilution for existing shareholders by approximately 9.78 lakh shares. The share swap arrangement remains valid but with fewer shares allocated to Ms. Shakuntla Rani. No material impact on stock price expected as this is an error correction rather than a new transaction.