NSECorrigendum9 Oct 2026 · 9 Oct 2026, 09:19 pm
Corrigendum
Quality Power Electrical Equipments Limited · QPOWER
✦ AI Summarycorrigendum
Quality Power Electrical Equipments Limited has issued a corrigendum to the notice of an extraordinary general meeting to be held on October 19, 2026, clarifying and correcting certain details and disclosures.
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Growth Catalyst2/10
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Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Quality Power Electrical Equipments Limited has informed the Exchange regarding Corrigendum to Notice of Extra Ordinary General Meeting to be held on October 19, 2026
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09 October 2026
To To
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, G Block Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex, Bandra (East) Dalal Street, Fort
Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: QPOWER BSE Scrip Code: 544367
ISIN: INE0SII01026
Dear Sir/ Ma'am,
Subject: Corrigendum to the notice of Extraordinary General Meeting of the Members of the
Company scheduled to be held on Monday 19th October 2026 at 04:00 PM. through Video
Conferencing / Other Audio Visual Means.
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, and in furtherance to our intimation
letter dated September 26, 2026, wherein the Company has informed the exchange about the
Extraordinary General Meeting ("EGM") of the members of the Company which is scheduled to be
held on Monday 19th October 2026 at 04:00 PM through Video Conferencing ("VC") / Other Audio
Visual Means ("OAVM") to transact the business as listed in the notice of the EGM.
We would like to inform that the Company has filed applications with the stock exchanges where
the Equity Shares of the Company are listed, namely National Stock Exchange of India Limited
("NSE") and BSE Limited (“BSE”) for seeking "in-principle approval" in relation to the proposed
preferential issue of shares, for which the approval of the Members is being sought. Thereafter,
the Company has received certain observations from NSE, pursuant to which the Company is
directed to provide certain additional details and clarifications through a Corrigendum to the
shareholders of the Company.
The enclosed Corrigendum is being issued to provide certain clarifications and include disclosures
and details as required by the NSE. Except as detailed in the attached Corrigendum, all other
contents of the EGM Notice intimation dated 26th September 2026 shall remain unchanged.
This Corrigendum will also be available on the website of the Company at the web link
https://qualitypower.com/wp-content/uploads/2026/10/EGM-Notice-Corrigendum.pdf
For QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED
Deepak Ramchandra Suryavanshi
Company Secretary and Compliance Officer
ICSI Membership No.: A27641
Place: Sangli
CORRIGENDUM TO THE NOTICE OF THE EXTRAORDINARY GENERAL
MEETING TO BE HELD ON OCTOBER 19, 2026
The Company has issued the Notice of the Extraordinary General Meeting (“EGM”) scheduled on
Monday, October 19, 2026 (“Notice”), which has been dispatched to the shareholders on September
26, 2026. This corrigendum is issued pursuant to the observations of the National Stock Exchange
of India Limited vide letter dated October 07, 2026, to clarify and correct the following:
1. Date of the Notice
The Notice was approved by the Board of Directors at its meeting held on September 23, 2026 and
was issued and dispatched to the shareholders on September 26, 2026. The date of the Notice shall
be read as September 26, 2026, being the date of its dispatch. The applications for in principle
approval were filed with BSE Limited and National Stock Exchange of India Limited on the same
day, in terms of Regulation 160(f) of the SEBI (ICDR) Regulations, 2018.
2. Point d(i) of the Explanatory Statement: 90 trading days VWAP
Existing To be read as
Volume weighted average price of the 90 Volume weighted average price of the 90
trading days preceding the relevant date: Rs. trading days preceding the relevant date: Rs.
1,456.40 1,238.49
There is no change in the floor price of Rs. 1,456.40 or the issue price of Rs. 1,460 per Equity
Share.
3. Maximum number of Equity Shares in the Explanatory Statement
The reference to “10,19,635” Equity Shares at point d(ii) of the Explanatory Statement shall be
read as “10,17,123” Equity Shares, consistent with the resolution at Item No. 1.
4. Footnotes “#” and “*” on page 25 of the Notice
The footnotes shall be read with the following clarification: the Equity Shares will be allotted to
the selling shareholders of Winwin Speciality Insulators Limited against transfer of their shares to
the Company in the manner set out in 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 where any regulatory approval is pending, within 15 days from receipt of the
last such approval, as required under Regulation 170 of the SEBI (ICDR) Regulations, 2018.
This corrigendum shall form an integral part of the Notice and shall be read together with it. All
other contents of the Notice remain unchanged. This corrigendum is being sent to all shareholders
who were sent the Notice and is available on the website of the Company at
www.qualitypower.com, the websites of BSE Limited and National Stock Exchange of India
Limited, and the website of RTA MUFG Intime India Pvt. Ltd. (Formerly Link Intime India Private
Limited).
By order of the Board
For Quality Power Electrical Equipments Limited
Sd/-
Deepak Ramchandra Suryavanshi
Company Secretary and Compliance Officer, M. No. A27641
Place: Sangli | Date: October 09, 2026