This disclosure is a prior intimation of a board meeting under SEBI Listing Regulation 29. The company announced that its Board of Directors, in a meeting held on July 02, 2026, approved a rights issue of equity shares.
The rights issue will raise an amount not exceeding ₹800.00 lakhs (₹8 crore) through the issuance of equity shares with a face value of ₹10 each. The shares will be offered to eligible equity shareholders of the company as on a record date that is yet to be determined and notified.
The board meeting is scheduled for Wednesday, July 08, 2026, to consider and finalize various matters related to the rights issue. Key terms to be decided include:
- The specific rights issue price and related payment mechanism
- The rights entitlement ratio
- The record date for determining eligible shareholders
- The timing of the rights issue
- Other related matters
The rights issue will be conducted in accordance with the Companies Act, 2013 (and amendments), the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (and amendments), and other applicable laws.
The disclosure was signed by Nisha Chowdhary, Company Secretary & Compliance Officer (Membership No.: A37025), on behalf of Omega Ag Seeds Punjab Limited.