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

Thomas Scott (India) Limited has issued an addendum to its notice for the 1st Extra Ordinary General Meeting (EGM) to be held on January 16, 2025, addressing shareholder approval for several resolutions. The key updates include the preferential issue of 9,52,375 equity shares and 6,06,529 convertible equity warrants to non-promoters at a price of ₹330 per share, totaling approximately ₹31.43 crore. This decision, influenced by clarifications from the National Stock Exchange, corrects prior details concerning the allottees and valuation report. Investors may view this as a proactive step enhancing transparency, potentially fostering positive sentiment.