
Rights Issue5 Nov 2026, 04:02 pm
Emerald Leisures Approves Draft Letter of Offer for Rights Issue
AI Summary
Emerald Leisures Ltd has approved the Draft Letter of Offer for a Rights Issue of equity shares to its existing shareholders. The decision was made during a Rights Issue Committee Meeting held on November 5, 2026. The issue aims to raise up to ₹13,000.00 Lakhs by offering equity shares at a specified price, subject to regulatory approvals. The company also provided historical information regarding its incorporation and name changes, with its earliest incorporation dating back to December 3, 1948.
Key Highlights
- Rights Issue Committee approved Draft Letter of Offer.
- Issue aims to raise up to ₹13,000.00 Lakhs.
- Shares offered on a rights basis to existing shareholders.
- Subject to regulatory and statutory approvals.
- Company history and name changes detailed.
Price Impact
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