Atal Realtech Withdraws ₹16 Crore Rights Issue

Atal Realtech Limited has decided to withdraw its proposed Rights Issue of Equity Shares, which aimed to raise up to ₹1,600 Lakhs (₹16 Crore). The decision was made by the Board of Directors at a meeting held on October 06, 2026, citing unfavorable market conditions and business considerations. The company had previously filed a Draft Letter of Offer with the stock exchanges on August 17, 2026. Atal Realtech confirms that no Letter of Offer has been issued, the issue has not opened, no Rights Entitlements have been issued, and no application monies have been received, ensuring no investor is affected by this withdrawal.