Corrigendum to the Notice of the Extraordinary General Meeting of the Company KIZI APPARELS LIMITED to be held on 9th March, 2026
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Awaiting price reaction for this filing.
Kizi Apparels Limited has issued a corrigendum to its EGM notice originally dated 12th February 2026. The EGM is scheduled for 9th March 2026 at 3:00 PM via video conference. The corrigendum revises the warrant issue price from Rs. 15 to Rs. 15.50 per warrant (comprising face value of Rs. 10 and premium of Rs. 5.50). As a result, the total aggregate consideration has been revised upward from Rs. 3.76 crore to Rs. 3.89 crore (Rs. 3,88,74,000). The revision follows certain observations received from BSE. The number of warrants being issued remains unchanged; only the pricing has been corrected. All other terms of the original EGM notice remain unchanged.
This is a minor upward price correction on a small warrant issuance (under Rs. 4 crore), meaning existing shareholders will not be materially affected. The slight increase in warrant price marginally improves capital raising for the company. No dilution impact for current shareholders since the warrant quantity stays the same.