Thomas Scott (India) Limited — Others, 14-01-2025: Corrigendum

Thomas Scott (India) Limited has announced a board meeting scheduled for January 16, 2025, to seek shareholder approval on resolutions related to a preferential issue of equity shares and convertible equity warrants. The company plans to issue 9,52,375 equity shares and 6,06,529 convertible equity warrants at a price of Rs. 330 per share, aggregating approximately Rs. 31.43 crore. Corrections and modifications to the allocation list were made following feedback from the National Stock Exchange. This move may enhance capital and strategic positioning, potentially fostering positive investor sentiment as the company strengthens its equity base.