Corrigendum to EGM notice for preferential warrant issue

Board & Shareholder Meetings View source PDF

UNIVASTU · price

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AI summary

Univastu India has issued a corrigendum to its EGM notice for July 18, 2026, updating details for a proposed preferential issue of 18,39,339 warrants at Rs 87 each, totalling about Rs 16 crores. Proceeds will fund working capital needs within one year. Promoters Pradeep and Rajashri Khandagale plus three directors will subscribe. Updated post-issue shareholding pattern and valuation report links are provided.

Likely market impact

Clarification only, no material change. Promoter and director participation in the issue signals insider confidence in the company.