Announced Wed, 15 Jul · 16:40 IST

Corrigendum to EGM Notice - Preferential Issue Clarification

Board & Shareholder Meetings View source PDF

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AI summary

Kalyani Cast Tech issued a corrigendum to its EGM notice dated July 4, 2026. The EGM is scheduled for July 28. The amendment clarifies BSE's queries on the proposed Preferential Issue of Convertible Equity Warrants. Clause (vi) of the Explanatory Statement was revised to list 6 promoter group members who will subscribe: Jayashree Kumar, Pradyut Kumar, Akshit Kumar, Devender Kumar, Sanskar Bangani, and Sumbul Khan. No other directors or KMPs will subscribe.

Likely market impact

Promoter-led preferential issue of convertible equity warrants moves to EGM vote on July 28. Shareholders may face dilution upon conversion. Only promoters are subscribing.