SBC Exports puts hold on preferential issue over procedural issues
SBC · price
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SBC Exports has put on hold the preferential issue that its Board had approved on 29 May 2026, citing procedural and regulatory complexities. The company is reviewing the matter and will share updated proposed allottees, relevant date, and other details in the next Board meeting once issues are resolved. The company has also reserved the right to withdraw, modify, defer, or reconsider the issue in full or part.
Delays planned capital raise and creates uncertainty; possible dilution is on hold until procedural issues are sorted out.