Panafic Industrials Approves ₹4106.25 Lakh Rights Issue

Panafic Industrials Board approved final terms for a rights issue of 41.06 crore equity shares at ₹1 per share.
The rights issue opens April 24, 2026, with record date set for April 17, 2026, for shareholder eligibility.
Shareholders receive 5 rights shares for every 1 existing share held, potentially doubling outstanding equity.
Rights entitlements will be credited to demat accounts using ISIN INE655P2001 prior to issue opening.