Poojawestern Metaliks Approves Draft Letter of Offer for Rights Issue

Poojawestern Metaliks Limited's Board of Directors has approved the Draft Letter of Offer (DLOF) for a proposed Rights Issue of Partly Paid-up Equity Shares. The issue aims to raise an aggregate amount not exceeding ₹1,500.00 lakhs (₹15 Crores). The DLOF will be submitted to BSE Limited for in-principle approval. The final terms, including issue price and record date, will be determined by the Rights Issue Committee or the Board and intimated separately.