GP Eco Solutions Updates Shareholding Details for Preferential Allotment
The Executive Board Committee of GP Eco Solutions India Limited has noted a change regarding the Explanatory Statement related to its Extra-Ordinary General Meeting (EGM) concerning preferential share allotment. This decision was made by the company's Executive Board Committee during a meeting held on Wednesday, June 24, 2026.The update concerns Mr. Manoj Kumar, one of the proposed allottees in the ongoing preferential issue. The change clarifies the shareholder’s stake both before and after the completion of the allotment process.
As per the noted outcome, Mr. Manoj Kumar currently holds a pre-preferential shareholding of 4,400 equity shares, which represents 0.04% of the company's pre-issue capital. Following the proposed preferential issue and subsequent allotment, his shareholding is expected to increase to 9,400 equity shares. This future holding will represent 0.06% of the post-issue paid-up share capital on a fully diluted basis.
The details of Mr. Manoj Kumar's shareholding progression are summarized in the table below:
| Particular | Pre-Issue Status (Before Allotment) | Post-Issue Status (After Allotment) |
|---|---|---|
| Shareholder | Mr. Manoj Kumar | Mr. Manoj Kumar |
| Equity Shares Held | 4,400 | 9,400 |
| Percentage of Capital | 0.04% (Pre-Issue Capital) | 0.06% (Post-Issue Paid-Up Share Capital) |
The Executive Board Committee affirmed that all other particulars and details contained within the Explanatory Statement for the EGM Notice, as well as the Corrigendum, remain unchanged.
GPECO Stock Price Movement
GP Eco Solutions India Limited shares rallied today, finishing the session at ₹445, after edging up 1.59% in trading. The stock saw a total traded volume of 4,200 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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