Announced Wed, 15 Jul · 18:35 IST
Pratik Panels withdraws Rights Issue announced in May 2026
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹5.74
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.9-6.4-7.0-8.5+1.6+2.8————
Up moveDown movePending
AI summary
Pratik Panels Ltd has revoked its Rights Issue that was announced on 7th May, 2026, citing unavoidable circumstances. The Rights Issue Committee and Board of Directors decided to withdraw the rights issue at a meeting on 15th July, 2026. Shareholders will not receive any rights entitlement under this now-cancelled issue.
Likely market impact
The rights issue is withdrawn due to unavoidable circumstances. Shareholders will not receive any rights entitlement from this previously announced issue.