United Polyfab Gujarat Limited has informed the Exchange about Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 Issuance of Corrigendum to EGM Notices
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United Polyfab Gujarat Limited has issued a corrigendum to the Explanatory Statement of its earlier EGM Notice. The EGM was already held on July 19, 2025, and this clarification is being issued post facto. NSE had pointed out an articulation error in Point (d) of the Explanatory Statement in a query letter dated August 4, 2025. The corrected paragraph clarifies that the Articles of Association do not specify a method for price determination of the proposed preferential issue. The floor price was determined as per Regulation 164(1) of SEBI (ICDR) Regulations, 2018, and a valuation report was obtained from Mr. Moiz Ezzi, an Independent Registered Valuer, as required under Regulation 166(a). The company has also made the corrigendum available on its website www.upgl.in.
This is a procedural clarification with no material change to the preferential issue terms or shareholder rights. Investors should note the company is complying with NSE's observation, and the valuation was conducted by an independent registered valuer, which is standard regulatory practice.