Corrigendum: typographical error in QIP aggregate issue amount in words corrected
Corrigendum to the outcome of the Listing and Fund Raising Committee meeting held on October 09, 2026, for the qualified institutions placement of equity shares of face value ₹ 10 each.
- Corrected aggregate issue amount
- Rupees One thousand seven hundred ninety-nine crore ninety-nine lakh eighty-two thousand only
- Earlier aggregate issue amount (in words)
- Rupees Seventeen thousand nine hundred ninety-nine crore ninety-nine lakh eighty-two thousand Rupees
- Face value per equity share
- ₹ 10 each
The company has shared a corrigendum to its letter dated October 09, 2026 that reported the outcome of the meeting of its Listing and Fund Raising Committee in relation to a qualified institutions placement (QIP) of equity shares of face value of ₹ 10 each to qualified institutional buyers.
What the corrigendum corrects
The correction relates to one item - the aggregate issue amount expressed in words.
- As disclosed on October 09, 2026: Rupees Seventeen thousand nine hundred ninety-nine crore ninety-nine lakh eighty-two thousand Rupees
- To be read as (corrected): Rupees One thousand seven hundred ninety-nine crore ninety-nine lakh eighty-two thousand only
The company describes this as an inadvertent typographical error in Paragraph 1 of the earlier intimation.
What remains the same
All other details, disclosures and contents mentioned in the intimation letter dated October 09, 2026 remain unaltered and valid.
About the Issue
The Issue is a qualified institutions placement of equity shares of face value of ₹ 10 each to qualified institutional buyers.
What a QIP is
A QIP is a route through which a listed company raises funds by issuing shares to qualified institutional buyers such as mutual funds, insurance companies and other institutional investors.
How to read the change
- The corrigendum replaces only the words used for the aggregate issue amount.
- In the corrected version the amount reads "One thousand seven hundred ninety-nine crore ninety-nine lakh eighty-two thousand".
- In the version disclosed on October 09, 2026 it read "Seventeen thousand nine hundred ninety-nine crore ninety-nine lakh eighty-two thousand Rupees".
The letter is signed by Pragati Gupta Agrawal, Company Secretary and Compliance Officer.
Also from PTC Industries
QIP allotment: 8,54,700 equity shares at ₹ 21,060 each; issue size ₹ 17,99,99,82,000
10 Oct 2026
QIP closes; committee approves allotment of 8,54,700 equity shares at ₹ 21,060 apiece
10 Oct 2026
PTC Industries stock reacted after the launch of its QIP
7 Oct 2026
More numbers
- Aggregate issue amount in words (corrected)One thousand seven hundred ninety-nine crore ninety-nine lakh eighty-two thousan
- Face value of equity shares in the QIP₹ 10 each
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