Key Event Details
- The company received in-principle approval from BSE Limited for its proposed rights issue of fully paid-up equity shares
- BSE approval letter reference number: LOD/RIGHT/GB/FIP/901/2026-27
- Approval date: October 07, 2026
- Original application date: July 16, 2026
Approval Conditions
The approval permits the company to use BSE Limited's name in its Letter of Offer and advertisements related to the rights issue, subject to specific disclaimer requirements:
1. The company must print BSE's full disclaimer clause in the Letter of Offer after SEBI's disclaimer clause
2. The same disclaimer must appear in all advertisements where BSE's name is mentioned
3. BSE explicitly states it does not warrant, certify, or endorse the correctness or completeness of the offer document contents
4. BSE does not warrant that the company's securities will be listed or continue to be listed
5. BSE takes no responsibility for the financial or other soundness of the company, its promoters, management, or any scheme
Disclaimer Text Requirement
The exchange requires the following text to be included in advertisements: "It is to be distinctly understood that the permission given by the Exchange should not in any way be deemed or construed that the letter of offer has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the letter of offer. The investors are advised to refer to the letter of offer for the full text of the Disclaimer clause of the Exchange."
Financial Impact
Financial impact not quantified in the disclosure. The rights issue details including size, price, and ratio are not disclosed in this filing.