Bhandari Hosiery Exports Limited has informed the Exchange about change in date of meeting of Rights Issue Committee (RIC) that first meeting of the RIC 2026 will now be held on Friday, 16th January, 2026 instead of Wednesday, 14th January, 2026 to approve the contents of the Draft Letter of Offer
BHANDARI · price
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Bhandari Hosiery Exports has pushed back the first meeting of its Rights Issue Committee (RIC 2026) by two days. The meeting will now be held on Friday, 16 January 2026, instead of the earlier scheduled Wednesday, 14 January 2026. The committee will review and approve the Draft Letter of Offer for the company's forthcoming rights issue and authorize the Company Secretary to file it with the stock exchanges for in-principle approval. The Board had formed this empowered committee at its meeting on 2 January 2026 to handle decisions related to the rights issue.
This is a routine procedural update with no material impact on shareholders or the stock price. Existing shareholders should stay alert for the Draft Letter of Offer, which will contain details like issue price, ratio, and record date for the upcoming rights issue.