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Awaiting price reaction for this filing.
Markobenz Ventures Limited has informed BSE that it published a statutory advertisement for its Rights Issue on June 7, 2025 in all editions of Financial Express (English) and Mumbai Lakshdeep (Hindi/Mumbai), as required under SEBI ICDR Regulation 84(1). The rights issue price is ₹10.20 per equity share, with the issue opening on Tuesday, June 10, 2025 and closing on Wednesday, June 25, 2025. The record date for eligible shareholders was Wednesday, May 28, 2025, and the promoters named are Chirag Kanaiyalal Shah and Nirupama Khandke. Axis Bank is the banker to the issue and Purva Sharegistry is the registrar. Applications must be made through the ASBA process and shares will be allotted only in dematerialized form. Note: The filing headline references 'Newtrac Foods & Beverages Ltd', but the actual document submitted is from Markobenz Ventures Limited.
Eligible shareholders as of the May 28, 2025 record date can subscribe to the rights issue at ₹10.20 per share until June 25, 2025; failure to apply or renounce will result in the rights entitlement lapsing. The mismatch between the headline company name and the actual filing company suggests possible data error in the announcement metadata, which investors should verify before acting.