Corrigendum to EGM notice for preferential issue of shares and warrants

Board & Shareholder Meetings View source PDF

EIFFL · price

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+6.2%1-day move

₹312.70

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AI summary

Euro India Fresh Foods issued a corrigendum to its EGM notice after NSE observations. Three proposed allottees (Desai Ajaykumar Hawabhai, Bhupendrabhai D Jivani, Dhara Mehta) were disqualified under SEBI ICDR Regulation 159(1) and replaced with new allottees subscribing identical quantities. Total issue size unchanged at about Rs. 98.98 crore (21.10 lakh equity shares and 19.30 lakh warrants at Rs. 245 each). Minor VWAP correction noted but issue price stays at Rs. 245. EGM on July 17, 2026.

Likely market impact

Issue size and price unchanged despite three allottee substitutions; no material change to the preferential issue structure.