Vivaa Tradecom Limited has submitted a regulatory disclosure to BSE Limited under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, specifically Regulations 29 and 30.
The company will hold a meeting of its Board of Directors on Friday, June 26, 2026, at its registered office in Ahmedabad. The primary agenda for this meeting is to consider and approve a proposal for raising funds through the issuance of equity shares on a right basis to existing equity shareholders.
The proposed rights issue will be conducted in accordance with the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, including any amendments. The board will also consider matters related to the implementation of this proposal, including the constitution of a Right Issue Committee to oversee the process.
The agenda includes provision for any other items to be discussed with the permission of the chair and a majority of directors.
Financial impact: The disclosure does not quantify the amount of funds to be raised or provide specific financial impact details of the proposed rights issue.