Purshottam Investofin Rectifies Clerical Error in NCD Put Option Exercise Period
Purshottam Investofin Limited has disclosed a clerical error in its Board Meeting outcome dated 14.03.2026 and NCD allotment dated 24.03.2026, wherein the Put Option exercise period was incorrectly stated as 6 months instead of 16 months from the Deemed Date of Allotment. The correction was formally communicated to BSE Limited on 05.05.2026 by Company Secretary and Compliance Officer Ankit Gupta. The company has requested the exchange to record the rectification.

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Purshottam Investofin Limited has notified BSE Limited of a clerical error in two key corporate filings—the Outcome of its Board Meeting dated 14.03.2026 and the Allotment of Non-Convertible Debentures (NCDs) dated 24.03.2026. The company, in a communication dated 05.05.2026, sought to have the correction placed on record with the exchange.
Nature of the Clerical Error
The error relates to the Put Option exercise period associated with the NCD allotment. The company clarified that the investor's right to exercise the Put Option was inadvertently mentioned as being available after completion of 6 months from the Deemed Date of Allotment, whereas the correct period is 16 months.
The key details of the correction are summarised below:
| Parameter: | Details |
|---|---|
| Board Meeting Date: | 14.03.2026 |
| NCD Allotment Date: | 24.03.2026 |
| Correction Communication Date: | 05.05.2026 |
| Incorrect Put Option Period: | 6 months from Deemed Date of Allotment |
| Corrected Put Option Period: | 16 months from Deemed Date of Allotment |
Company Communication
The correction was communicated to BSE Limited via a formal letter addressed to Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The letter was signed by Ankit Gupta, Company Secretary and Compliance Officer of Purshottam Investofin Limited, and digitally authenticated on 05.05.2026. The company has requested the exchange to take the above correction on record.
Historical Stock Returns for Purshottam Investofin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.32% | -14.03% | +15.96% | -0.65% | -11.75% | +403.31% |
How might the extended 16-month Put Option period impact investor sentiment and secondary market liquidity for Purshottam Investofin's NCDs compared to the originally stated 6-month period?
Could this clerical error in regulatory filings trigger heightened scrutiny from SEBI or BSE on Purshottam Investofin's future corporate governance and compliance practices?
What precedent does this correction set for NCD investors who may have made investment decisions based on the incorrect 6-month Put Option period, and could they seek any legal recourse?


































