This is to inform all eligible shareholders of the Company that the Rights Issue, which opened on Tuesday, September 9, 2025, and was originally scheduled to close on Friday, September ....
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Deep Diamond India Limited has further extended the closing date of its ongoing Rights Issue to Tuesday, September 30, 2025, from the previously extended date of September 24, 2025. The Rights Issue originally opened on September 9, 2025, and has now been extended for the second time, approved by the Rights Issue Committee on September 23, 2025, to give shareholders more time to subscribe. The last date for submitting the Composite Application Form (CAF) with payment is now September 30, 2025. Post-issue activities like basis of allotment, credit, and listing have been pushed back accordingly, with expected listing around October 13, 2025. No other changes have been made to the Letter of Offer, CAF, or ALOF besides the closing date.
Shareholders get additional time to participate in the Rights Issue, but repeated extensions may signal slower-than-expected subscription and could indicate weak investor appetite for the issue.