Corrigendum dated April 17, 2025 to the EGM Notice dated April 28, 2025.
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Royal Cushion Vinyl Products has issued a corrigendum to its earlier EGM notice following observations raised by BSE on the company's preferential issue in-principle application. The corrections mainly relate to changes in the pre-preferential and post-preferential shareholding percentages of two proposed allottees — Murij Manghnani Private Trust and Aesha Gautam Agicha — within point (m) of the Explanatory Statement for Item No. 2 of the EGM Notice, along with certain connected disclosures. The original EGM notice was issued on April 03, 2025, and BSE provided its observations on April 08, 2025. The corrigendum will be published in the Financial Express (English, all editions) and Mumbai Lakshadweep (Marathi edition), and the updated EGM notice is available on the company's website.
This is a procedural correction and does not change the substance of the proposed preferential issue, though shareholders should review the updated shareholding percentages of the two allottees before the EGM. The stock impact is expected to be minimal as this is a regulatory housekeeping update.