Announced Tue, 5 May · 17:54 IST

As Attached

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-10.5%1-day move
₹38.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-10.5-9.6-7.9-3.6-9.8-8.4-8.4
Up moveDown movePending
AI summary

Purshottam Investofin Limited has filed a clarification with BSE regarding a clerical error in the outcome of its Board Meeting dated 14.03.2026 and the Allotment of Non-Convertible Debentures (NCDs) dated 24.03.2026. The error stated that investors would have the right to exercise a Put Option after 6 months from the Deemed Date of Allotment, whereas the correct period should be 16 months. The company has requested BSE to take the correction on record.

Likely market impact

This is a routine compliance correction and does not materially impact the company's financial position or shareholder value. It simply corrects the contractual term of the NCD — extending the put option lock-in from 6 to 16 months.