StockWatch
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Hotels & Resorts
Rights Issue3 Jul 2026, 05:50 pm

Viceroy Hotels postpones Rights Issue Committee meeting

AI Summary

Viceroy Hotels Limited has postponed its Rights Issue Committee meeting, originally scheduled for July 3, 2026. The meeting was to discuss key aspects of a proposed rights issue of up to ₹107 Crores. The postponement is due to the pending in-principle approval from stock exchanges for the rights issue, as the Draft Letter of Offer is still under review. The committee meeting will now be convened upon receipt of these necessary approvals.

Key Highlights

  • Rights Issue Committee meeting postponed from July 3, 2026.
  • Postponement due to pending stock exchange in-principle approval.
  • Rights issue aims to raise up to ₹107 Crores.
  • Meeting to be reconvened upon receiving regulatory approvals.