Patil Automation Limited issues corrigendum to EGM notice revising allotment details
Patil Automation · Industrial Manufacturing
Key highlights
- Total funds to be raised reduced to ₹95.95 crore due to exclusion of one allottee, Suresh Zunzunwala
- Equity shares to be issued reduced to 20,76,600 shares at ₹246 per share, total ₹51.08 crore
- Post-issue shareholding and allottee details updated; preferential allotment includes promoters and financial/non-promoter entities
Why it's rated notable: The corrigendum reduces the proposed preferential issue to Rs. 95,95,47,600/- after one proposed allottee became ineligible, and the issue still needs the EGM vote on October 03, 2026 and regulatory approval, so it is a non-binding proposal of moderate size.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Corrigendum
Read the filing on NSE (PDF) →Companies guiding to strong growth
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More from Patil Automation
- Fundraise / allotmentNotablePatil Automation reports H1 FY27 revenue up 37%, net profit up 48%
- Board / shareholder meeting outcomeNotablePatil Automation Limited announces voting results of EGM held on Oct 03, 2026
- Board / shareholder meeting outcomeNotablePatil Automation Ltd holds EGM on Oct 3, 2026, via VC for key resolutions
- Fundraise / allotmentNotablePatil Automation seeks approval for preferential issue and IPO fund reallocation
Other board / shareholder meeting outcome filings this fortnight
- Board / shareholder meeting outcomeUjjivan Small Finance BankUjjivan Small Finance Bank holds EGM approving preferential issuance of shares
- Board / shareholder meeting outcomeUsha Financial ServicesUsha Financial Services proposes EGM to approve bonus shares and capital increase
- Board / shareholder meeting outcomeOSEL DevicesOsel Devices Limited holds 01st EGM and approves issuance of convertible warrants
- IIFL Finance seeks EGM approval on 4 Dec 2026 for preferential issue of CCPS, warrants
- Regency Fincorp EGM approves capital hike, share and warrant preferential issues, ESOP
- Regency Fincorp Limited announces voting results of 2nd Extraordinary General Meeting 2026
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Manufacturing
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.