Announced Mon, 23 Mar · 13:07 IST

The Rights Issue Committee in their meeting held today, i.e., Monday March 23, 2026, inter alia, has considered, that the last Date for receipt of applications in the ongoing ''Rights Issue'' ....

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AI summary

The Rights Issue Committee of Enbee Trade & Finance Ltd, at its meeting on March 23, 2026, decided to extend the last date for receipt of applications in the company's ongoing Rights Issue from March 27, 2026 to April 10, 2026. The last date for on-market renunciation of Rights Entitlements was also pushed from March 23, 2026 to April 7, 2026. Accordingly, the revised allotment and listing dates have been set for April 13 and April 16, 2026 respectively. The extension is within the 30-day limit allowed under SEBI ICDR Regulations.

Likely market impact

Eligible shareholders get more time to apply for or trade their rights entitlements, but the delay may also signal weak subscription so far. No new information on the size, price, or purpose of the rights issue was disclosed in this filing.