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Pramara Promotions LimitedImportant, 08-08-2025: General Updates

08-08-2025 | 06:06 pm

Pramara Promotions has issued clarifications regarding its Extra-Ordinary General Meeting. The company corrected the e-voting end date. It also provided clearer details on the utilization of funds from the preferential issue of equity shares and warrants, outlining receipt and usage timelines. Crucially, specific preferential allottee details for Malikarjuna Rao Chunduru and Ashish Kapur were updated to include their previously omitted pre-issue shareholdings. Despite these adjustments to shareholding data, the company confirms there will be no change in management or control. This provides greater transparency on the funding and ownership structure for investors.

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