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Candour Techtex LtdImportant, 12-01-2026: Company Update

12-01-2026 | 03:39 pm

Candour Techtex announced a change in its proposed preferential issue. Due to ineligibility, 20,000 equity shares originally intended for Mr. Anand Srivastav under the non-promoter category will now be allotted to Mr. Rajesh Rajnikant Shah. This adjustment ensures the preferential issue, previously approved at an Extra Ordinary General Meeting, proceeds as planned with an eligible non-promoter investor. Mr. Shah's post-issue diluted shareholding is expected to be 0.0057%. This update clarifies the final allottee for a portion of the planned equity issuance.

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