Panafic Industrials Rights Issue Closes May 22

Panafic Industrials closed its rights issue subscription period on May 22, 2026, after the banking hours.
The company offered 41.06 crore equity shares at ₹1 each to raise up to ₹4,106.25 lakhs.
The rights issue was made in a 5:1 ratio to shareholders on the record date of April 17, 2026.
The issuance complies with SEBI's Issue of Capital & Disclosure Requirements Regulations, 2018.