Announced Fri, 18 Apr · 14:47 IST

Newspaper advertisement for Corrigendum to Notice of EGM dated April 03, 2025 for EGM dated April 28, 2025.

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Royal Cushion Vinyl Products has issued a corrigendum dated April 17, 2025 to its EGM notice originally sent on April 03, 2025 for the EGM scheduled on April 28, 2025. The corrections were made to address observations raised by BSE Limited on April 08, 2025 while processing the company's in-principle approval application for a preferential issue. The changes mainly update the pre-preferential and post-preferential shareholding percentages of two proposed allottees — Murij Manghnani Private Trust and Aesha Gautam Agicha — in point (m) of the Explanatory Statement for Item No. 2, along with certain connected disclosures. The corrigendum was published in Financial Express (English, all editions) and Mumbai Lakshadweep (Marathi) on April 18, 2025, and the updated EGM notice is available on the company's website.

Likely market impact

This is a procedural/administrative correction and not a material change — the EGM will proceed as scheduled on April 28, 2025. Shareholders should review the updated shareholding percentages of the two proposed allottees to understand the dilution impact from the preferential issue before voting.