Rights Issue Committee has inter alia approved and adopted Letter of Offer and other issue materials for the proposed Rights Issue.
Price
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Awaiting price reaction for this filing.
The Rights Issue Committee of Mehai Technology Limited met on September 16, 2025 and approved the Letter of Offer, Rights Entitlement Letter, Common Application Form and other issue-related documents for its proposed Rights Issue. These documents will now be filed with BSE and SEBI. Eligible equity shareholders as on the Record Date of September 18, 2025 will receive the issue materials in due course. This follows the company's earlier communication on September 12, 2025 regarding the rights issue. The filing does not disclose the issue size, ratio, price, or any discount to existing shareholders.
Investors holding shares of Mehai Technology as of September 18, 2025 will be eligible to subscribe to the rights issue and should look out for the Letter of Offer for issue terms. The actual price, ratio and discount details are not provided in this filing, so shareholders need to wait for the Letter of Offer to evaluate the attractiveness of the offer.