StockWatch
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Forest Products
Board Meeting30 Jun 2026, 07:10 pm

Pratik Panels Ltd Postpones Rights Issue Committee Meeting to July 6

AI Summary

Pratik Panels Ltd has rescheduled its Rights Issue Committee meeting from June 30, 2026, to July 6, 2026. The postponement is due to pending in-principle approval from stock exchanges for the proposed Rights Issue. The meeting will address key aspects of the Rights Issue, including fixing the record date, issue price, and entitlement ratio. The revised meeting date is also contingent upon receiving necessary regulatory approvals. This marks a delay in the company's fundraising plans.

Key Highlights

  • Rights Issue Committee meeting rescheduled to July 6, 2026.
  • Postponement due to pending stock exchange approvals.
  • Agenda includes record date, issue price, and entitlement ratio.
  • Fundraising plans are subject to regulatory clearances.