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.