The corrigendum was issued following observations received from the National Stock Exchange of India Limited (NSE) vide letter dated October 07, 2026, regarding the company's application for in-principle approval for a proposed preferential issue of shares. The company had filed applications with both NSE and BSE Limited on September 26, 2026, in terms of Regulation 160(f) of the SEBI (ICDR) Regulations, 2018.
Key Corrections Made:
1. Date of Notice Clarification:
The Notice was approved by the Board of Directors on September 23, 2026, and dispatched to shareholders on September 26, 2026. The date of the Notice is confirmed as September 26, 2026.
2. VWAP Correction:
The 90-day volume weighted average price (VWAP) preceding the relevant date has been corrected from ₹1,456.40 to ₹1,238.49. There is no change to the floor price of ₹1,456.40 or the issue price of ₹1,460 per Equity Share.
3. Maximum Equity Shares Correction:
The maximum number of Equity Shares referenced at point d(ii) of the Explanatory Statement has been corrected from "10,19,635" to "10,17,123" Equity Shares, making it consistent with the resolution at Item No. 1.
4. Allotment Process Clarification:
Footnotes on page 25 of the Notice have been clarified to state that Equity Shares will be allotted to the selling shareholders of Winwin Speciality Insulators Limited against transfer of their shares to the Company as per the Share Purchase Agreement dated September 23, 2026. The allotment shall be completed within 15 days from the date of passing of the special resolution, or within 15 days from receipt of the last pending regulatory approval, as required under Regulation 170 of the SEBI (ICDR) Regulations, 2018.
This corrigendum forms an integral part of the original EGM Notice and has been made available on the company's website at www.qualitypower.com, as well as on the websites of BSE Limited, NSE, and the RTA MUFG Intime India Pvt. Ltd.