Team India Guaranty Limited has informed the Exchange about General Updates
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Team India Guaranty Limited has clarified a typographical error in its earlier disclosures dated March 4, 2026. The percentage of requisite consideration received from proposed allottees was incorrectly stated as 62.14% instead of the correct figure of 62.41%. The error was inadvertent and does not alter the substance of the original disclosures. The company confirms that the proposed preferential allotment of securities could not be completed as only the corrected 62.41% of consideration was received from allottees. The error was rectified in this clarification filed with BSE (scrip code: 511559) and NSE (scrip code: TEAMGTY) on May 22, 2026.
No material impact on shareholders or stock price — this is purely a typographical correction. The underlying issue (incomplete receipt of consideration for the preferential allotment) remains unchanged from the original filing.