United Polyfab Gujarat Limited has informed the Exchange about : Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 Issuance of Corrigendum to EGM Notice
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United Polyfab Gujarat Limited has issued a corrigendum to the Explanatory Statement of its Extraordinary General Meeting (EGM) held on July 19, 2025. The correction was made after NSE flagged an articulation error in Point (d) of the Explanatory Statement related to the company's proposed preferential issue of securities. The revised paragraph clarifies that the company's Articles of Association do not specify a method of price determination, and that the floor price has been determined in line with SEBI's ICDR Regulations. The company also obtained an independent valuation certificate from Mr. Moiz Ezzi (IBBI Registered Valuer) to support the price determination, as part of good corporate governance.
This is a post-facto regulatory clarification with no material impact on shareholders or the stock price. The EGM has already been concluded, and the corrigendum simply adds transparency around how the preferential issue price was determined.