Rights Issue17 Jun 2026, 06:40 pm
Sumeet Industries Corrects Rights Issue Renunciation Deadline
AI Summary
Sumeet Industries Ltd has issued a corrigendum to its Letter of Offer for a Rights Issue. The board meeting held on June 8, 2026, approved the correction of a typographical error in the last date for Market Renunciation. The date was incorrectly stated as July 16, 2026, and has now been corrected to July 15, 2026. This correction applies to the Letter of Offer, Abridged Letter of Offer, Application Form, and Rights Entitlement Letter. The Rights Issue aims to raise up to ₹19,975.11 lakhs by issuing equity shares at ₹11.86 each.
Key Highlights
- Rights Issue renunciation deadline corrected from July 16 to July 15, 2026.
- Corrigendum issued for Letter of Offer, Abridged Letter of Offer, and related documents.
- Rights Issue aims to raise up to ₹19,975.11 lakhs.
- Typographical error identified and rectified by the company.
Price Impact
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