Silgo Retail Limited — Others, 25-04-2025: Corrigendum

Silgo Retail Limited has issued a Corrigendum II regarding its 1st Extra-Ordinary General Meeting (EGM) scheduled for May 10, 2025. The updates pertain to modifications in the Explanatory Statement for the proposed preferential issue of equity shares aimed at augmenting the company's working capital. The company plans to raise ₹33.48 crore by issuing up to 60,87,727 equity shares at ₹55 each. This capital is to support business operations as stipulated. The changes potentially enhance investor confidence as the funding emphasizes growth and stability, with no expected changes in control or management structure.