VELLORA IMPACT LIMITED
Vellora Impact Limited has intimated the Bombay Stock Exchange regarding a scheduled meeting of its Rights Issue Committee. The meeting is set for Wednesday, November 18, 2026.
The purpose of this committee meeting is to consider, discuss, and decide various matters related to the company's previously approved Rights Issue. Specifically, the committee will determine:
- The Rights Issue price
- Related payment mechanism
- Rights entitlement ratio
- The record date
- Timing of the Rights Issue
- Other terms and conditions
This Rights Issue was approved by the Board of Directors in their meeting dated Thursday, July 30, 2026. The issue involves offering fully paid-up equity shares of face value of ₹10.00 each to eligible shareholders, for an amount not exceeding ₹70,00,00,000 (Rupees Seventy Crores Only).
The company has received In-principle approval from the Stock Exchange for this Rights Issue, which is being conducted in accordance with the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, SEBI Listing Regulations, and other applicable laws.
Additionally, in compliance with the Code of Conduct for Prevention of Insider Trading under SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in Equity Shares of the Company has been closed effective from Friday, November 13, 2026. The trading window will remain closed until 48 hours after the conclusion of the Rights Issue committee meeting.
The disclosure is made pursuant to Regulation 29(1)(d) of the SEBI Listing Regulations.