CLN Energy Limited issued a corrigendum to its Postal Ballot Notice dated June 18, 2026. The corrigendum was issued on July 20, 2026, and signed by Bhavika Mundra, Company Secretary & Compliance Officer.
The purpose of the corrigendum is to amend specific details in the original Postal Ballot Notice that was dispatched to shareholders on June 23, 2026. The notice seeks shareholder approval for two matters: 1) To increase the authorised share capital of the Company and consequent amendment to Memorandum of Association, and 2) Preferential issue and allotment of up to 2,50,000 equity shares to an entity belonging to the promoter category.
The key amendment changes all references to the issue price from ₹401 (Rupees Four Hundred and One) to ₹423 (Rupees Four Hundred and Twenty Three) per equity share. Consequently, the premium per share is revised from ₹391 to ₹413.
The total fundraising amount is revised upwards from ₹10,02,50,000 (Rupees Ten Crore Two Lakhs Fifty Thousand) to ₹10,57,50,000 (Rupees Ten Crore Fifty Seven Lakhs Fifty Thousand).
The relevant date for determining the floor price remains Tuesday, June 23, 2026, which is 30 days prior to the last date of remote e-voting (Thursday, July 23, 2026), as per the explanation to Regulation 161 of the SEBI ICDR Regulations.
The basis for the price determination is now stated to be in accordance with SEBI ICDR Regulations since the equity shares are frequently traded. The valuation report reference is updated to June 23, 2026, issued by M/s. Ajay Kumar Sukhadiya & Associates, Chartered Accountants (Registration No. IBBI/RV/06/2020/12814).
The detailed computation of the preferential issue price is available in the Valuation Report on the company's website at https://www.clnenergy.in/investor-relations.
The corrigendum forms an integral part of the original Postal Ballot Notice and is available on the company's website, BSE Limited's website, and National Securities Depository Limited's e-voting portal.
All other contents of the original Postal Ballot Notice and Explanatory Statement remain unchanged except for the specific modifications detailed in the corrigendum.