29-Oct-2026 15:14:25
ORCHASPGeneral news
ORCHASP : CLARIFIES PREFERENTIAL ISSUE TO PROMOTER WORTH RS 7.11 CR
• Revised Point No. 5 of the Explanatory Statement to the AGM notice held September 30, 2026, following an NSE observation on the in-principle approval sought • Proposed allottee Wahtulmsylh Limgawlat to be issued 1,50,00,000 equity shares for ₹7,11,00,000 • Allottee category now shown as Non Promoter pre-issue and Promoter post-issue, as advised by NSE • Resolution for the preferential issue passed at the AGM with 99.99% of votes cast in favour • No change to the other terms and conditions of the proposed preferential issue Impact: Neutral (disclosure presentation revision only; share count and issue amount unchanged)
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