This is a regulatory disclosure submitted to the Bombay Stock Exchange Limited (BSE) by Pratik Panels Limited, made under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The letter serves as a prior intimation that a meeting of the company's Rights Issue Committee of the Board is scheduled to be held on June 30, 2026. The purpose of this meeting is to finalize key parameters for a previously approved rights issue, including:
- The record date
- The issue price
- The entitlement ratio
The rights issue itself was approved by the company's Board of Directors for an amount not exceeding Rs. 40.25 Crores in a prior communication dated May 7, 2026. A separate committee was also formed at that time to oversee the rights issue process.
The finalization of these parameters by the committee is explicitly stated to be subject to receipt of approvals from the relevant stock exchange(s) and other required regulatory authorities.
The disclosure is signed by Swapnil Sharad Shimpi, Whole-Time Director (DIN: 10469352), on behalf of the company.