BSEParmax Pharma LtdMediumNeutral
Announced Tue, 23 Jun · 19:26 IST

Corrigendum to EGM Notice for Preferential Issue of Warrants

Management Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹72.17
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Parmax Pharma issued a corrigendum to its June 8, 2026 EGM notice. Two corrections: (a) Ms. Sheetal Hiren Doshi's category in the warrant allottees table changed from Promoter to Promoter Group, and (b) hyperlink for the Practicing Company Secretary's certificate fixed. The July 2 EGM will consider a preferential issue of 21.45 lakh warrants for about Rs 7.83 crore to 13 allottees, who will trigger an open offer and be reclassified as Promoters or Promoter Group members.

Likely market impact

Minor admin correction to EGM notice; substance of preferential issue and open offer trigger unchanged. No material impact on shareholders.