Board Meeting Details

The Board of Directors meeting was held on August 10, 2026, commencing at 2:00 PM and concluding at 3:15 PM. The meeting was conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rights Issue Details

The company is conducting a rights issue of up to 40,00,00,000 fully paid-up equity shares of face value of ₹1 each at a price of ₹1.20 per share (including a premium of ₹0.20 per share), aggregating up to ₹48,00,00,000. The issue ratio is 4 rights equity shares for every 1 fully paid-up equity share held by eligible equity shareholders on the record date of Friday, July 17, 2026.

Date Changes Approved

The Board of Directors approved the following changes to the rights issue schedule:

1. Change in Last Date for On-Market Renunciation

The Last Date for On-Market Renunciation of Rights Entitlements has been changed from Tuesday, August 11, 2026 to Friday, August 14, 2026.

2. Change in Issue Closing Date

The Issue Closing Date has been changed from Monday, August 17, 2026 to Thursday, August 20, 2026.

3. Revised Issue Period

The complete revised issue schedule is as follows:

  • Issue Opening Day and Date: Thursday, July 30, 2026 (unchanged)
  • Last Date for On-Market Renunciation: Friday, August 14, 2026 (revised)
  • Issue Closing Date: Thursday, August 20, 2026 (revised)

Corrigendum Approval

The Board approved the issuance of a further Corrigendum to the Letter of Offer dated June 30, 2026 to reflect these date changes. The Corrigendum will revise the Last Date for On-Market Renunciation from Tuesday, August 11, 2026 to Friday, August 14, 2026 and the Issue Closing Date from Monday, August 17, 2026 to Thursday, August 20, 2026.

The Corrigendum will be circulated to BSE Limited, The Calcutta Stock Exchange Limited, and the Eligible Equity Shareholders. The company will submit the Corrigendum separately to both stock exchanges.

Document Modifications

The changes affect multiple sections of the Letter of Offer and related documents including:

  • Cover Page under "ISSUE PROGRAMME"
  • Page 7 in Section I General Definitions and Abbreviations
  • Page 43 in Section IV Issue Schedule under "Introduction The Issue"
  • Page 46 in Section IV Issue Schedule under "General Information"
  • Page 114 in Para III On Market Renunciation
  • Page 119 under "Issue Schedule"

All other terms and conditions of the Letter of Offer, Abridged Letter of Offer, Application Form, and Rights Entitlement Letter remain unchanged.

Corporate Details

Corporate Office: Office No 2 Plot No 36, Pushpa Park Daftary Road No.3, Opp. St. Joseph High School, Malad East, Mumbai, India, 400097

Contact Person: Ms. Shefali Gupta, Company Secretary and Compliance Officer

Promoters

The promoters of the company are Mr. Ashok Kumar Goenka, Ms. Malti S. Kothari, Mr. Rajiv S. Kothari, Mr. Rajkumar Goenka, and Mr. Shova Goenka.