Nakoda Group of Industries Issues Corrigendum to EGM Notice on May 08, 2026
Nakoda Group of Industries Limited filed a corrigendum on May 08, 2026, to its EGM notice dated April 16, 2026, making three key corrections: clarifying promoter/KMP intent to subscribe to Convertible Warrants, updating the stock exchange listing reference to include both NSE and BSE, and revising the pricing compliance statement to reflect dual listing for over 90 trading days. The corrigendum was published in The Indian Express and Loksatta and is available on the company's website.

*this image is generated using AI for illustrative purposes only.
Nakoda Group of Industries Limited filed a corrigendum on May 08, 2026, to its Notice of Extraordinary General Meeting (EGM) dated April 16, 2026, which had been circulated to all shareholders on April 21, 2026. The corrigendum was submitted to the National Stock Exchange of India Ltd. and BSE Limited under Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement was published in The Indian Express and Loksatta newspapers on May 08, 2026, and has also been uploaded on the company's website at https://nakodas.com/shareholders-information/ .
Key Corrections in the Explanatory Statement
The corrigendum introduces three specific modifications to the original EGM notice. The table below summarises the corrections made:
| Point No. | Subject of Correction | Revised Statement |
|---|---|---|
| Point (E) | Promoter/Director/KMP Subscription Intent | Clarifies that certain promoters, directors, or key managerial personnel of the company intend to subscribe to Convertible Warrants, which was not adequately stated earlier. |
| Point (H) | Stock Exchange Listing Reference | Updated to reflect that the equity shares are listed on both NSE and BSE Limited, correcting the earlier mention of BSE Limited only. Price determination is pursuant to Regulation 164(1) and Regulation 166A of the SEBI (ICDR) Regulations. |
| Point (I) | Listing Reference for Pricing Compliance | Revised to state that since equity shares have been listed on NSE and BSE Limited for more than 90 trading days prior to the Relevant Date, the company is not required to re-compute the price per equity share or submit undertakings under Regulations 163(1)(g) and (h) of the SEBI (ICDR) Regulations. |
Corrigendum Details
The corrigendum was signed by Jayesh Choudhary, Whole Time Director (DIN: 02426233), on behalf of Nakoda Group of Industries Limited. The company's registered office is located at 239, Bagad Gali, Nagpur - 440008, Maharashtra, India (CIN: L15510MH2013PLC249458).
Scope and Applicability
The corrigendum is to be read in continuation of and in conjunction with the original EGM notice. All other contents of the original notice remain unchanged. Key highlights of the filing are as follows:
- The corrigendum is issued under Regulation 30 and Regulation 47 of SEBI (LODR) Regulations, 2015.
- The original EGM notice was dated April 16, 2026, and circulated to shareholders on April 21, 2026.
- The newspaper advertisement was published on May 08, 2026, in The Indian Express and Loksatta.
- The updated corrigendum is available on the company's website: https://nakodas.com/shareholders-information/
The filing ensures that shareholders have access to accurate and complete information regarding the company's Convertible Warrants issuance and its dual listing status on both major Indian stock exchanges.
Historical Stock Returns for Nakoda Group of Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -1.31% | +43.69% | +28.92% | +23.25% | -42.72% |
How might the promoters' and KMPs' subscription to Convertible Warrants affect the company's ownership structure and potential dilution for existing minority shareholders?
What strategic initiatives or capital deployment plans is Nakoda Group of Industries likely to fund through the Convertible Warrants issuance?
Could the corrections to the EGM notice raise concerns among institutional investors about the company's corporate governance practices, potentially impacting its stock performance?


































