StockWatch
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Forest Products
Board Meeting6 Jul 2026, 06:50 pm

Pratik Panels Ltd Postpones Rights Issue Committee Meeting to July 15

AI Summary

Pratik Panels Ltd has rescheduled its Rights Issue Committee meeting to July 15, 2026. The meeting was previously scheduled for July 6, 2026, and before that, June 30, 2026. The postponement is due to pending in-principle approval from the stock exchange(s) for the proposed Rights Issue. The committee will convene to finalize key details such as the record date, issue price, and entitlement ratio, subject to regulatory approvals. This marks a further delay in the company's plans for a rights issue.

Key Highlights

  • Rights Issue Committee meeting rescheduled to July 15, 2026.
  • Postponement due to pending stock exchange in-principle approval.
  • Agenda includes fixing record date, issue price, and entitlement ratio.
  • Finalization of rights issue details remains subject to regulatory approvals.