Sattva Sukun Lifecare Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2025 ,inter alia, to consider and approve Board Meeting and Right ....
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Sattva Sukun Lifecare Ltd has called a Board Meeting on 30th April 2025 to consider and approve the audited standalone and consolidated financial results for the financial year ending 31st March 2025, along with the appointment of a Director. The Board and Rights Issue Committee will also finalise terms of a previously approved Rights Issue of up to Rs. 49.50 Crores, including the issue price, entitlement ratio, record date, and opening/closing dates. The company has already received in-principle approval from BSE for this Rights Issue, which was originally authorised by the Board on 25th January 2025. The trading window for dealing in the company's securities has been closed and will reopen 48 hours after the meeting outcome is announced.
Existing shareholders should brace for potential equity dilution once the Rights Issue of up to Rs. 49.50 Crores is launched. The final issue price and entitlement ratio, to be decided on 30th April, will directly affect per-share cost and dilution percentage. The trading window closure signals that material price-sensitive information is imminent.