postponement of the meeting of the right issue committee of Laddu Gopal online services limited which was to be held today i.e,Monday,March 02,2026.
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Laddu Gopal Online Services Limited has postponed the meeting of its Rights Issue Committee that was scheduled for March 2, 2026. The committee was set to finalise key details such as the record date, issue price, entitlement ratio, and other terms of the Rights Issue, which was originally approved by the Board on February 23, 2026. The postponement is because the company is still waiting for in-principle approval from the stock exchange for the rights issue. The committee will now meet within one working day after receiving this approval from the exchange.
This is a procedural delay and not a cancellation. Shareholders awaiting the rights issue may see a short wait, but no action is required from them yet. The stock price impact is likely minimal since the rights issue is still on track, pending only regulatory clearance.