StockWatch
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Hotels & Resorts
Rights Issue11 Aug 2026, 05:31 pm

Viceroy Hotels closes trading window for Rights Issue Committee meeting

AI Summary

Viceroy Hotels Ltd has announced the closure of its trading window for directors, officers, and designated employees. This closure is effective immediately and will remain in place until 48 hours after the conclusion of the Rights Issue Committee meeting scheduled for August 14, 2026. The committee will discuss and decide on various aspects of the proposed Rights Issue, including the issue price, rights entitlement ratio, and record date. The company's board had previously approved a Rights Issue of up to ₹107 Crores in equity shares.

Key Highlights

  • Trading window closed until 48 hours post Rights Issue Committee meeting.
  • Committee meeting scheduled for August 14, 2026.
  • Key decisions on Rights Issue price and terms to be made.
  • Company plans a Rights Issue of up to ₹107 Crores.