Board / shareholder meeting outcomeFiled on BSE ·
Venus Pipes & Tubes issues corrigendum to EGM Notice for preferential issue clarifications
Venus Pipes · Industrial Products
What the filing says
- Preferential issue of up to 22,27,544 equity shares at ₹1,670 each, aggregating ₹372 crore, to be utilized mainly for repayment/prepayment of ₹344 crore bank borrowings
- Note on utilization of issue proceeds deleted following BSE observations; revised disclosures incorporated in corrigendum dated 30th Sept 2026
- EGM scheduled for 8th October 2026 at 3:00 PM via VC/OAVM; corrigendum forms integral part of original EGM Notice dated 16th Sept 2026
Original filing
Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, Corrigendum To The Notice Of Extra Ordinary General Meeting ('EGM Notice').
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More from Venus Pipes
- Fundraise / allotmentVenus Pipes & Tubes Limited approves preferential issue of 22.27 lakh shares
- Fundraise / allotmentVenus Pipes & Tubes Ltd approves preferential issue of 22.27 lakh shares worth ₹372 crore
- Fundraise / allotmentVenus Pipes & Tubes approved preferential issue of 22.27 lakh shares at ₹1670 each
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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.