Panafic Industrials to raise ₹41.06 Cr via Rights Issue at ₹1/share

Panafic Industrials Limited is undertaking a Rights Issue to raise up to ₹4,106.25 Lakhs (₹41.06 Crores). The company will issue up to 41,06,25,000 fully paid-up equity shares, each with a face value of ₹1, at a price of ₹1 per Rights Equity Share. Eligible shareholders on the record date of Friday, April 17, 2026, will be offered shares in the ratio of 5 Rights Equity Shares for every 1 equity share held. The issue opens on Friday, April 24, 2026, and is scheduled to close on Friday, May 08, 2026. The existing equity shares are listed on BSE, and the company has received in-principle approval for listing the new Rights Equity Shares.