The meeting of Right Issue committee originally scheduled to be held on October 14, 2025 is now postponed to October 17, 2025 as the approval from BSE Limited is still under process.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Enbee Trade & Finance Ltd has postponed its Rights Issue Committee meeting, originally set for October 14, 2025, to October 17, 2025. This is the third postponement, with previous delays to October 15 and October 16. The delay is because BSE Limited's in-principle approval for the proposed Rights Issue is still pending. The Board had earlier approved issuing equity shares to existing shareholders via Rights Issue for up to Rs. 150 Crores on October 8, 2025. The upcoming committee meeting will finalize the Issue Price, Entitlement Ratio, and other terms of the Rights Issue.
Repeated delays in finalizing terms and pricing of the Rs. 150 Crore Rights Issue may create uncertainty for existing shareholders awaiting clarity on entitlement ratio and issue price. Shareholders should monitor the October 17 meeting outcome, as further postponements could signal regulatory hurdles.