Panafic Industrials Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/04/2026 ,inter alia, to consider and approve Various matters in connection ....
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Panafic Industrials Ltd has scheduled a Rights Issue Committee meeting on April 11, 2026 to discuss various matters related to the Rights Issue of Equity Shares. This Rights Issue was originally approved by the Board on July 29, 2024. The upcoming meeting will consider and decide on key parameters including fixing the record date, issue price, and entitlement ratio. The company has also indicated that the trading window for all designated persons will remain closed till 48 hours after the meeting concludes and audited financial statements for FY26 are declared.
This meeting is expected to finalize details of the Rights Issue, which could dilute existing shareholder stakes. The closure of the trading window indicates insiders are barred from trading until after the announcement of key financial and capital structure decisions.