The Board Meeting scheduled to be held on 16 September, 2025 is now postponed and will be held within next working day post reciept of In-principle Approval Letter from stock exchange.
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Awaiting price reaction for this filing.
Healthy Life Agritec Ltd has postponed its Board Meeting originally scheduled for September 16, 2025, which was meant to finalise the record date, issue price, entitlement ratio and other terms for its Rights Issue (approved earlier on September 10, 2025). The reason is that the in-principle approval from BSE for the Rights Issue is still awaited. The Board Meeting will now be held within one working day after the stock exchange grants its in-principle approval. The Rights Issue itself is already approved by the Board, but the specific terms and the record date for shareholder eligibility remain pending the exchange clearance. No new timeline has been provided beyond the vague 'next working day' clause once approval comes through.
For existing shareholders, this is a minor procedural delay with no change to the underlying Rights Issue plan, but the lack of a firm date may keep the stock range-bound until the record date is announced. Investors awaiting entitlement details should expect a short further wait dependent on BSE processing time.