DB Realty clarifies a typographical error in the Notice of the Extra-ordinary General Meeting (EGM) related to the proposed variation in the terms of Redeemable Preference Shares. Specifically, the number of equity shares resulting from conversion was incorrectly stated as 32,03,330 in one instance; the correct figure is 32,02,330. The EGM was held on December 12, 2025.
Typographical Error Rectified
DB Realty has issued a clarification regarding a typographical error found within the Notice for the Extra-ordinary General Meeting (EGM), initially dated November 14, 2025. The correction pertains to the number of equity shares detailed in the notice. The EGM took place on December 12, 2025.
Specifics of the Correction
The error appears on page 13 of the EGM Notice, where the number of equity shares resulting from the conversion of Compulsory Convertible Preference Shares (“CCPS”) was incorrectly printed as 32,03,330. The correct figure, as stated throughout the rest of the document, should be 32,02,330. This change impacts the conversion of 6,45,75,000 CCPS into equity shares.
Resolution Details
The conversion price remains unchanged at Rs. 201.65 per equity share. The clarification addresses a minor inconsistency to ensure the accuracy of information provided to shareholders. All other details within the EGM notice and subsequent corrigendum remain unchanged. The corrected information is now available on the company’s website.
Source: BSE