Outcome of the Meeting of Right Issue Committee held on 06th April, 2026
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Lexora Global Ltd (formerly Yash Trading and Finance Limited) has announced that its Right Issue Committee, meeting on April 6, 2026, has approved the Draft Letter of Offer (DLOF) for a proposed Right Issue of equity shares. The committee authorized the filing of the DLOF with BSE Limited. Designated officials have been empowered to finalize documents and make necessary modifications. The meeting lasted approximately 50 minutes. Specific details regarding the size of the issue, pricing, or purpose of fund raise have not been disclosed in this filing.
The approval of the DLOF signals that the company is moving forward with a rights issue to raise equity capital. Existing shareholders will likely receive rights to subscribe to new shares. Until the offer size and pricing are disclosed, the exact dilution impact on existing shareholders remains unclear.