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Enbee Trade & Finance Ltd has further postponed its Rights Issue Committee meeting, originally scheduled for October 14, 2025. This is the third consecutive postponement (to Oct 15, then Oct 16, and now an indefinite date). The company is awaiting the in-principle approval from BSE Limited for its proposed Rights Issue of up to Rs. 150 Crores, which was approved by the Board on October 8, 2025. The meeting to decide the issue price, entitlement ratio, record date, and other terms will now be held only after BSE approval is received.
Repeated delays in the Rights Issue Committee meeting suggest regulatory clearance from BSE is taking longer than expected, which may push back the timeline for the Rs. 150 Crore fundraise and create short-term uncertainty for existing shareholders awaiting details on the rights entitlement.