Vineet Laboratories Approves Rights Issue of 99,87,258 Equity Shares at Rs. 30 Each

Vineet Laboratories Limited has announced the approval of the Rights Issue Committee of the Board of Directors for the allotment of 99,87,258 Equity Shares on a rights basis. The shares, with a face value of Rs. 10 each, will be issued at an issue price of Rs. 30 per Equity Share, including a premium of Rs. 20 per Equity Share. The allotment is in accordance with the Letter of Offer dated December 17, 2025, and the 'Basis of Allotment' as finalized in consultation with the Registrar to the Issue and approved by the Designated Stock Exchange for the Issue. The issued, subscribed, and paid-up equity share capital of the Company will increase from 9,21,90,080 to 19,20,62,660 post the Rights Issue.