The Board has approved to Change the name of proposed allotee to replace Mrs. Rajeswari Regulavalasa with Mr. Satya Sri ramachandra Pinnamraju, and the corrigendum Notice thereof to this ....
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Ecoboard Industries has issued a corrigendum to its November 7, 2025 EGM notice, changing the name of one proposed allottee in its preferential equity issue. Mrs. Rajeswari Regulavalasa has been replaced by Mr. Satya Sri Ramachandra Pinnamraju, a non-promoter public individual. The revised allottee will receive 50,000 equity shares for cash, representing 0.15% of the post-issue diluted share capital. The original EGM notice was dispatched on October 14, 2025, and all other details of the resolutions remain unchanged. The corrigendum has been published in Business Standard and Loksatta and is available on the company's website.
This is a minor administrative correction replacing one retail-level proposed allottee in a small preferential allotment (0.15% of capital). It is unlikely to have any material impact on the stock price or existing shareholders' interests.