Announced Wed, 17 Jun · 12:38 IST
Board Withdraws Proposed Rights Issue of Up to 30 Crore
Fund Raising View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-8.3%1-day move
₹0.48
prior close
₹0.46
base price
In-mkt
timing
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+0.0+0.0+0.0+0.0-8.3-6.3-4.2-8.3-12.5-18.8-18.8+4.2——
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AI summary
Laddu Gopal Online Services (formerly ETT Limited) announced withdrawal of its proposed Rights Issue of equity shares of face value 2 rupees aggregating up to 30 crore. The Draft Letter of Offer was filed on February 23, 2026. The company did not receive in-principle approval from BSE within the stipulated timeline, so the Board on June 17, 2026 resolved to withdraw the issue to safeguard investor interests.
Likely market impact
Planned capital raise of up to 30 crore called off; company will need to explore alternative funding sources.