MOSCHIPNSEMoschip Technologies LimitedMinimalNeutral
Announced Fri, 8 May · 16:32 IST

Moschip Technologies Limited has informed the Exchange about Copy of Newspaper Publication - Corrigendum to EGM notice

MOSCHIP · price

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Price reaction · full curve 14 horizons · vs prior close
-6.7%1-day move
₹227.29
prior close
₹224.02
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.2+0.6-1.4-6.7-3.8-7.4-11.0-9.8-7.5-3.9-11.5+2.7
Up moveDown movePending
AI summary

Moschip Technologies has issued a corrigendum to its Extra-Ordinary General Meeting (EGM) notice originally published on April 20, 2026. The EGM is scheduled for May 12, 2026 at 05:00 PM via video conferencing. The main agenda is approval for issuing 50,50,686 equity shares on preferential basis for consideration other than cash to Vayavy Labs Private Limited. The corrigendum modifies three sections of the original notice: Point J (page 20) regarding post-preferential offer capital percentage, Point N (pages 21-22) regarding proposed allottee details, and Annexure A (pages 26-27) showing pre and post shareholding pattern. Stock exchanges suggested these corrections. All other contents of the EGM notice remain unchanged.

Likely market impact

This preferential allotment for non-cash consideration will dilute existing shareholder stakes. Shareholders should review the corrected shareholding pattern in the corrigendum before voting at the EGM on May 12, 2026.