Rights Issue21 Mar 2026, 06:50 pm
Vivid Mercantile Ltd Announces Rights Issue and Closes Trading Window
AI Summary
Vivid Mercantile Ltd has announced a rights issue of fully paid-up Equity Shares. The Board of Directors will meet on March 26, 2026, to consider and approve the specific terms of the Rights Issue, including the Rights Issue price, rights entitlement ratio, payment mechanism, and other related terms and conditions. The trading window for dealing in the securities of the company by the designated persons and their immediate relatives will be closed from March 23, 2026, and will remain closed till 48 hours after the conclusion of the aforesaid Board Meeting.
Key Highlights
- Vivid Mercantile Ltd announces a rights issue of fully paid-up Equity Shares.
- The Board of Directors will meet on March 26, 2026, to consider and approve the specific terms of the Rights Issue.
- The trading window for dealing in the securities of the company by the designated persons and their immediate relatives will be closed from March 23, 2026.
- The trading window will remain closed till 48 hours after the conclusion of the Board Meeting.