Nature of Disclosure: Regulatory filing pursuant to SEBI Listing Obligations and Disclosure Requirements Regulation 29, intimating about an upcoming Rights Issue Committee meeting.
Meeting Details: The Rights Issue Committee meeting is scheduled for Friday, July 24, 2026, at the company's Registered Office.
Agenda Items:
- Consider, discuss and decide various matters related to the Rights Issue, including specific terms such as Rights Issue price, payment mechanism, rights entitlement ratio, and timing of the Rights Issue
- Fix the Record Date to determine eligibility of shareholders for the Rights Issue
- Any other item with permission of the Chair
Background: This meeting follows the Board Meeting held on March 10, 2026, where the Board approved:
- Issuance of fully paid-up Equity Shares of face value of ₹1 each
- Aggregate issue size of up to ₹49.00 Crores
- Issuance on Rights basis to eligible Equity Shareholders
- Constitution of a Rights Issue Committee authorized to decide on terms and conditions including final issue size/amount, rights entitlement ratio, issue price, record date, schedule, approval of letter of offer, appointment of intermediaries and legal counsel, and allotment of shares
Trading Window Status: The Trading Window for dealing in company shares was closed for all Designated Persons and their immediate relatives from closing of trading hours on BSE from July 01, 2026, until 48 hours after declaration of Financial Results for the quarter ended June 30, 2026 (both days inclusive), in accordance with SEBI (Prohibition of Insider Trading) Regulation, 2015 and the Company's Code of Internal Procedures and Conduct.
Regulatory Reference: This communication is made under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.