LCC Infotech Limited has informed the Exchange about General Updates on the Clarification on Corrigendum of the EGM Notice.
LCCINFOTEC · price
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LCC Infotech has issued a clarification to a corrigendum dated 29th January 2026 related to its Extra Ordinary General Meeting held on 2nd February 2026. The company is correcting a phrase that appeared on pages 2 and 7 of the corrigendum to the EGM notice. The original wording referred to using funds for 'working capital requirement of the company and expansion of business of the company,' which has now been revised to read only 'To meet the working capital requirement of the Company.' The clarification has been signed by Director Akhilkumar Kotak (DIN: 11462460) and submitted to both NSE and BSE for record.
This is a procedural correction that narrows the stated purpose of fund usage from working capital plus business expansion to working capital alone. For shareholders, it signals the company is scaling back or clarifying the scope of how the funds raised will be deployed, with no expansion-related spending mentioned. The stock price impact is likely minimal as this is essentially a housekeeping/corrective disclosure.