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Hotels & Resorts
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.