Intimation of Newspaper Advertisement for Withdrawal of Rights Issue of the Company.
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Awaiting price reaction for this filing.
Onesource Industries and Ventures Ltd (formerly Onesource Ideas Venture Limited), a BSE-listed company (Scrip Code: 530805), has announced the withdrawal of its Rights Issue. The company published a newspaper advertisement on June 9, 2025 informing the public about this withdrawal in Financial Express (English) and Jansatta (Hindi), both in all editions. The filing was made under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, and the Issue of Capital and Disclosure Requirements Regulations, 2018. The announcement was signed by Company Secretary and Compliance Officer Neha Ravi Prajapati.
Shareholders who were expecting to participate in the Rights Issue will not be able to subscribe to new shares through this route. The withdrawal removes any expected equity dilution but also signals that the company's planned capital-raising effort is being called off, which may be viewed as a negative signal about its growth funding plans.