StockWatch
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Residential- Commercial Projects
Rights Issue17 Jun 2026, 12:39 pm

Laddu Gopal Online Services Withdraws ₹30 Cr Rights Issue

AI Summary

Laddu Gopal Online Services Ltd has announced the withdrawal of its proposed Rights Issue of equity shares, which aimed to raise up to ₹30 crore. The decision was made by the Board of Directors at a meeting held on June 17, 2026. The company stated that it did not receive the necessary in-principle approval from the Bombay Stock Exchange within the stipulated timeline, leading to the withdrawal to safeguard investor interests. The Rights Issue involved equity shares with a face value of ₹2.00 each.

Key Highlights

  • Laddu Gopal withdrew its ₹30 crore Rights Issue.
  • Withdrawal due to lack of BSE in-principle approval.
  • Board resolved to withdraw on June 17, 2026.
  • Decision made to safeguard investor interests.