Om Metallogic Ltd Approves ₹22 Cr Rights Issue

Om Metallogic Ltd announced that its Board of Directors has approved a Rights Issue to raise up to ₹22.00 Crores. The issue will be in the form of equity shares offered to eligible shareholders as of a determined record date. The specific terms, including issue price, entitlement ratio, and timing, will be finalized by the Rights Issue Committee or the Board and disclosed subsequently. This move is in compliance with SEBI (LODR) Regulations, 2015, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.