With reference to the aforesaid disclosures submitted by the company on March 04, 2026, we wish to clarify that due to an inadvertent clerical/typographical error, the percentage of requisite ....
TEAMGTY · price
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Team India Guaranty Limited has filed a clarification with BSE and NSE to correct a typographical error in their March 4, 2026 disclosures about a deferred preferential allotment. The percentage of requisite consideration received from proposed allottees was incorrectly stated as 62.14% instead of the correct 62.41%. The error was purely inadvertent and does not affect the substance of the original disclosure. The corrected filing confirms that the company received only about 62.41% of the required consideration from proposed allottees, and accordingly, the proposed securities allotment could not be completed and is not being undertaken at this stage. The company regrets the inconvenience caused.
No material impact on shareholders or stock price. This is a routine clarification correcting a minor typographical error (difference of 0.27 percentage points). The underlying issue — that the preferential allotment remains incomplete due to insufficient consideration received — is unchanged.