Nature of Disclosure: Regulatory intimation to the Bombay Stock Exchange regarding the postponement of a Rights Issue Committee meeting.
Key Event: The meeting of the Rights Issue Committee of the Board of Directors, which was previously scheduled for June 30, 2026, and then rescheduled to July 6, 2026, has been further postponed to Wednesday, July 15, 2026.
Reason for Postponement: The rescheduling is due to pending in-principle approval from the stock exchange(s) in connection with the proposed Rights Issue.
Meeting Agenda: The postponed meeting is intended to consider and approve agenda items including:
- Fixing the record date for the rights issue
- Determining the issue price
- Setting the entitlement ratio
- Other matters related to the proposed Rights Issue
Conditionality: The company explicitly states that the rescheduled meeting on July 15, 2026, shall be subject to receipt of necessary approvals from stock exchange(s) or other regulatory authorities.
Regulatory Context: The disclosure references earlier intimations dated June 24, 2026 and June 30, 2026, and is addressed to the Department of Corporate Service (DCS-CRD) of the Bombay Stock Exchange Limited.
Financial Impact: The disclosure does not quantify any financial impact. The rights issue details including size, pricing, and ratio will be determined subject to regulatory approvals.