The Rights Issue Committee of Board of Directors at its meeting held on 13th June, 2025 decided to extend the offer period of the Rights Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aplab Limited has extended the closing date of its ongoing Rights Issue by about two weeks. Originally scheduled to close on June 20, 2025, the issue will now remain open until July 3, 2025. The Letter of Offer was dated May 27, 2025, and the issue opened on June 4, 2025. The company has stated the extension is to give shareholders more time to exercise their rights. The revised schedule sets the basis of allotment and date of allotment for July 4, 2025, with listing and trading expected to commence on July 7-8, 2025.
Existing shareholders get additional time (until July 3, 2025) to subscribe to their rights entitlement. The extension could also indicate that the company wants to ensure fuller subscription of the issue, though it is a routine procedural update with no change in issue terms or pricing.