Sumit Woods Limited has issued a clarification regarding the revised outcome filed on January 29, 2026, concerning the conversion of 14,47,512 convertible warrants into an equivalent number of equity shares. The company clarified that the approval for this allotment was granted through a Circular Resolution passed on January 29, 2026, not at a Board Meeting as inadvertently stated in a previous disclosure. This clarification aims to rectify a clerical error in the initial intimation. The company confirms that the Circular Resolution was passed in compliance with all applicable legal and regulatory requirements. No Board Meeting was held on January 29, 2026, and the earlier reference to a Board Meeting was an unintentional mistake. Sumit Woods Limited further affirmed that all necessary disclosures under Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were duly made within the prescribed timelines and were enclosed in the outcome filed on January 29, 2026. The company expressed regret for the inadvertent error and requested the stock exchange to take the clarification on record.
