Tirth Plastic Ltd — Important, 14-08-2026: Company Update
14-08-2026 | 06:14 pm
14-08-2026 | 06:14 pm
The company has issued a corrigendum to its Postal Ballot Notice concerning a preferential issue of Warrants totaling Rs. 13.5 crores. The funds are earmarked for acquiring a manufacturing unit of M/s Krishna Plastic Traders (Rs. 6 Cr), working capital (Rs. 4 Cr), and general corporate purposes (Rs. 3.5 Cr). Importantly, the preferential issue is now exclusively for non-promoter categories. One proposed allottee was replaced as per a SEBI order. All Warrants and resulting Equity Shares will be subject to lock-in periods. This update clarifies fund utilization and allottee details for shareholders.
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