ALPHA TRIBE

C P S Shapers LimitedOthers, 16-12-2024: Corrigendum

16-12-2024 | 02:41 pm

C P S Shapers Limited has issued a corrigendum to its Extraordinary General Meeting (EGM) notice for a meeting scheduled for December 26, 2024. The corrigendum amends key details regarding the "Relevant Date" for determining the minimum price of equity shares for a proposed preferential issue. The original Relevant Date of November 25, 2024, has been updated to November 26, 2024, affecting the pricing structure of the equity shares to be issued at ₹450 per share, slightly above the revised minimum price of ₹444.76. This update ensures compliance with previous directives from the NSE. Investors may view this as a transparent move to correct procedural details, potentially enhancing shareholder confidence amid the upcoming capital raise.

No comments yet. Be the first to comment!

All announcements from C P S Shapers Limited