Aplab Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/05/2025 ,inter alia, to consider and approve the entitlement ratio, issue price of ....
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Aplab Limited has informed BSE that its Rights Issue Committee will meet on May 21, 2025 to finalise the issue price, entitlement ratio, and other terms for its upcoming Rights Issue. This follows a Board meeting held on May 15, 2025, which had already approved the Rights Issue of partly paid-up equity shares with a face value of Rs. 10 each. The Rights Issue will be offered to eligible existing equity shareholders of the company. No specific entitlement ratio, issue price, or discount details have been disclosed yet — these will be decided at the upcoming committee meeting.
Shareholders should watch for the entitlement ratio and issue price announcement on May 21, as a steep discount could be attractive, while an unfavourable ratio may dilute value. This is a capital-raising move and does not directly affect near-term earnings or dividends.