Prudential Sugar (PSCL) has clarified an oversight in its Extra-Ordinary General Meeting (EGM) notice regarding a preferential equity share issue.

The company updated details for a non-promoter allottee, Mr. Sanyam Dugar.

He is set to be allotted 100,000 shares.

His pre-issue holding of 4,000 shares (0.01%) will increase to 104,000 shares (0.23%) post-allotment.

This correction aims to provide accurate stakeholder information, enhancing transparency around the company's fund-raising efforts via equity issuance.