The Meeting of Board of Directors of the Company is scheduled to be held on April 23, 2025, Wednesday to consider and approve Draft Letter of offer and matters connected there to.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veerkrupa Jewellers Ltd has informed BSE that its Board of Directors will meet on April 23, 2025 to consider and approve the Draft Letter of Offer for a rights issue of fully paid-up equity shares. The rights issue was already approved in principle at the April 4, 2025 board meeting. The board will also consider the appointment of an Internal Auditor. The trading window for the stock remains closed until 48 hours after the announcement of audited half-yearly and full-year results for the period ending March 31, 2025.
This is a procedural update ahead of a fund-raising action rather than a price-moving event on its own. Investors should watch the upcoming Draft Letter of Offer for the issue price, ratio and record date, which will determine the dilution impact for existing shareholders.