StockWatch
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Hotels & Resorts
Board Meeting11 Aug 2026, 05:25 pm

Viceroy Hotels Ltd Board Meeting on Aug 14 to Approve Rights Issue

AI Summary

Viceroy Hotels Ltd has scheduled a Board of Directors meeting for August 14, 2026, to consider and approve matters related to a Rights Issue. This meeting follows a previous postponement due to pending in-principle approval from stock exchanges. The agenda includes determining the Rights Issue price, payment mechanism, entitlement ratio, and record date. The Board had previously approved a Rights Issue of up to ₹107 Crores in equity shares. The trading window for directors and designated employees will be closed until 48 hours after the meeting conclusion.

Key Highlights

  • Board meeting scheduled for August 14, 2026, to approve Rights Issue.
  • Rights Issue aims to raise up to ₹107 Crores.
  • Key terms like issue price and record date to be decided.
  • Trading window closed for insiders due to the meeting.