Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto, we wish to inform you that the Company has issued ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lippi Systems has issued a corrigendum to its EGM notice dated June 14, 2026 at 11:30 AM, to provide a more detailed breakdown of how the Rs. 36.946 crore raised through a preferential issue will be used. Previously, the disclosure lumped Capital Expenditure and Working Capital together at Rs. 33.2514 crore, with Rs. 3.6946 crore for General Corporate Purposes. The revised disclosure splits this into three categories: Capital Expenditure at Rs. 30.7514 crore, Working Capital requirement at Rs. 2.50 crore, and General Corporate Purposes at Rs. 3.6946 crore, all to be utilized by December 31, 2027. The total issue size, terms of the preferential issue, EGM date, record date, and e-voting period remain unchanged. The corrigendum has been dispatched to shareholders and uploaded on the company's website and BSE's portal.
For shareholders, this corrigendum merely provides a clearer, more granular breakdown of fund utilization without changing the total amount being raised or any other material terms. It is a transparency-enhancing amendment and does not alter the dilution, voting, or investment decision for shareholders attending the EGM.