Garment Mantra Lifestyle Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/06/2025 ,inter alia, to consider and approve The rights issue committee ....
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Garment Mantra Lifestyle Ltd has informed BSE that its Rights Issue Committee will meet on Monday, June 23, 2025. The main agenda is to fix the record date for collecting the first call money from equity shareholders under the company's ongoing rights issue. Shareholders whose names appear in the company's records on the cut-off date will be required to pay the first installment of the rights issue amount. The letter was signed by Managing Director Prem Aggarwal on June 20, 2025. The company, formerly known as Junction Fabrics and Apparels Limited, is based in Tirupur.
Existing shareholders should track the announcement on June 23 for the record date, as those on the record will be obligated to pay the first call money. Failure to pay could result in forfeiture of partly-paid shares allotted under the rights issue, so investors holding these shares need to plan funds accordingly.