StockWatch
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Residential- Commercial Projects
Rights Issue21 Mar 2026, 06:57 pm

Vivid Mercantile Ltd Board Meeting to Approve Rights Issue Terms on March 26, 2026

AI Summary

The Board of Directors of Vivid Mercantile Ltd has scheduled a meeting on 26th March, 2026 to consider and approve various matters related to the proposed rights issue. The specific terms of the rights issue, such as the rights issue price, rights entitlement ratio, payment mechanism, and other related terms and conditions will be determined and the Draft Letter of Offer will be approved in this meeting. 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 to 48 hours after the conclusion of the aforesaid Board Meeting.

Key Highlights

  • Vivid Mercantile Ltd Board Meeting scheduled for March 26, 2026
  • Consideration and approval of various matters related to the Proposed Rights Issue
  • Determination of the specific terms of the Rights Issue
  • Approval of the Draft Letter of Offer
  • Closure of the trading window for dealing in the securities of the company by the designated persons and their immediate relatives