RKEC Projects Limited has informed the Exchange regarding 'Cancellation of Board Meeting'.
RKEC · price
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RKEC Projects has cancelled the board meeting originally scheduled for September 27, 2025. The meeting was to decide the issue price (and any applicable discount) for equity shares to be allotted to Qualified Institutional Buyers (QIBs), along with other business matters. The company stated that additional time is needed for deliberation. A revised meeting date will be shared with the stock exchange in due course.
This is a procedural delay rather than a negative development. The planned QIB share allotment is still on the table, but investors may see short-term uncertainty until the new meeting date is announced. Watch for the revised date to gauge the issue price and potential dilution.