Mittal Life Style: 2nd Corrigendum to Postal Ballot for Preferential Issue

MITTAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.0%1-day move

₹0.98

prior close

₹0.98

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.0+2.0+1.0+2.0-1.0-2.0+0.0-1.0+0.0-1.0-2.0-9.2+6.1-5.1

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AI summary

Mittal Life Style has issued a 2nd corrigendum to its March 23, 2026 postal ballot notice for a preferential issue of 99,225 equity shares to Ms. Priya Chidurala (non-promoter) at Rs. 1.80 per share, aggregating Rs. 1,78,605. Issue price is above the floor price of Rs. 1.74. Proceeds are for working capital and rounding off paid-up capital to be divisible by Rs. 10. The corrigendum follows NSE observations dated April 10, 2026. Shareholders who already voted can revise their vote within 48 hours via email.

Likely market impact

Very small preferential issue (~0.02% dilution), largely procedural. No material impact on shareholders expected; share price is near floor price.