Outcome of Board Meeting held on today Monday, June 16, 2025 has considered and approved the revised right issue closing period extended to Monday, June 30, 2025 and last date for On-Market ....
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The board of Himalaya Food International Ltd, via resolution by circulation on June 16, 2025, has extended the closing period of its ongoing rights issue. The rights issue opening date remains June 3, 2025, while the open market renunciation date has been pushed from June 13 to June 25, 2025, and the issue closing date has been extended from June 18 to June 30, 2025. Shareholders who want to renounce their rights entitlements through off-market transfer must ensure the credits reach their demat accounts on or before the new closing date. The board retains the right to extend further, but the issue cannot remain open for more than 30 days from the opening date, and no withdrawal of applications is allowed after the closing date.
Eligible shareholders get an extra 12 days to subscribe to or trade their rights entitlements, which may help improve participation in the issue. This is a procedural extension and does not change the issue size or price.