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Other Food Products
Rights Issue24 Jun 2026, 07:20 pm

Saboo Sodium Chloro Ltd Receives In-Principle Approval for ₹47.57 Cr Rights Issue

AI Summary

Saboo Sodium Chloro Limited has received in-principle approval from BSE Limited for a Rights Issue of Partly Paid-up Equity shares. The issue size is set at ₹47.57 Crores. This approval is in accordance with Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015. The company has been granted permission to use BSE Limited's name in its Letter of Offer, subject to including a specific disclaimer clause. The approval does not constitute an endorsement of the company's financial soundness or the correctness of the offer document's contents by BSE.

Key Highlights

  • BSE grants in-principle approval for Rights Issue.
  • Issue size stands at ₹47.57 Crores.
  • Approval is for Partly Paid-up Equity shares.
  • Company must adhere to SEBI LODR Regulations.
  • BSE disclaimer clause required in offer documents.