Enbee Trade & Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/02/2026 ,inter alia, to consider and approve various matters in connection ....
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Awaiting price reaction for this filing.
Enbee Trade & Finance Ltd has received in-principle approval from BSE on February 24, 2026 for its proposed Rights Issue of equity shares worth up to Rs. 150 Crores, originally approved by the Board on October 8, 2025. Multiple Board meetings to finalize the issue terms had been postponed between October 14-17, 2025 because BSE approval was still pending. A fresh Board meeting has now been scheduled for February 25, 2026 to approve the Issue Price, Rights Entitlement Ratio, Record Date, and other terms of the Rights Issue. The company is essentially clearing the final regulatory hurdle before formally launching the issue to existing shareholders.
Existing shareholders are likely to soon get a chance to subscribe to additional equity shares through the Rights Issue, which would dilute their holdings if not fully subscribed. The stock may see some volatility around the announcement of the Record Date and Issue Price.