Announced Tue, 25 Aug · 23:13 IST
Corrigendum to 34th AGM Notice - Resolution Type Correction for Director Appointment
SWARNSAR · price
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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹35.50
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.0-4.2-3.5-2.1-4.1-0.7+9.8———
Up moveDown movePending
AI summary
Swarnsarita Jewels India has issued a corrigendum to its 34th AGM Notice scheduled for August 27, 2026. The correction changes Agenda Item 4 from Ordinary to Special Resolution for appointing Mr. Jash Amit Adani as Independent Director. Item 5 clarifies that the remuneration approval is for aggregate director pay, not any single director. Special Resolution requires 75% majority.
Likely market impact
Investors voting on Item 4 need 75% majority now instead of simple majority. Higher threshold makes director appointment harder to pass.