Corporate News
Yatharth Hospitals & Trauma Care Ltd. has released a corrigendum to the notice for its Extraordinary General Meeting (EGM), primarily to ensure compliance with Securities and Exchange Board of India (SEBI) regulations and the Foreign Exchange Management Act (FEMA). The preferential allotment of shares and warrants is confirmed at INR 985.17, with valuation reports from Abhinav Agarwal and RS Grover and Associates now publicly accessible. The corrigendum clarifies the pricing methodology and outlines interim investment options for unutilized proceeds, including money market instruments and deposits. CRISIL Ratings Limited has been appointed as a Monitoring Agency to oversee fund utilization, with quarterly reports to be published. Shareholders will vote on the preferential allotment at the EGM.