Announced Wed, 8 Oct · 15:40 IST

Clarification Letter for clerical and typographical error in the Annexure A in respect of the details as required to be disclosed under Regulation 30 of the SEBI LODR Regulations, read with ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hari Govind International Limited has submitted a corrected version of Annexure A to fix inadvertent clerical and typographical errors in its earlier disclosure (board meeting outcome dated October 7, 2025) related to a preferential equity share issue. The company is allotting 6,67,500 equity shares of face value ₹10 at a price of ₹10 per share to 4 non-promoter allottees on a private placement basis. The allottees are Kavicharla Kasi Ratnam (3,00,000 shares; 3.52% post-issue), Kavicherla A S V Ramana (2,50,000 shares; 2.93%), Sameep Satish Uchil (87,500 shares; 1.61%), and Ajit Kumar (30,000 shares; 0.35%). The company clarified that all other terms of the earlier submission remain unchanged and the error was unintentional.

Likely market impact

This is an administrative correction with no change to the underlying preferential issue terms. Existing shareholders face a modest equity dilution of roughly 8.4% from the new shares being allotted to non-promoters, but no material impact on price or fundamentals is expected from the correction itself.