Intimation of newspaper Advertisment for withdreawal of Right Issue of the company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Eureka Industries Limited has informed the BSE about the publication of a newspaper advertisement announcing the withdrawal of its Rights Issue, as required under SEBI Listing Regulations. The notice was published on 9th June 2025 in Financial Express (English – All India), Financial Express (Gujarati – Gujarat), and Jansatta (Hindi – All India). The filing was signed by Mamta, Managing Director & CFO of the company. This is a procedural disclosure confirming that the previously planned Rights Issue will no longer proceed.
For shareholders, this means the proposed Rights Issue is officially cancelled and no further shares will be issued under that plan. Existing shareholders will see no dilution from this issue, but the company has also lost a potential fundraising opportunity, which could be mildly negative depending on the capital it was seeking.