The Company has received the In-Principle approval(s) from National Stock Exchange of India Limited on December 02, 2025 and BSE Limited on December 16, 2025 for undertaking Rights Issue of Fully Paid-up Equity Shares of the Company.
VINEETLAB · price
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Awaiting price reaction for this filing.
Vineet Laboratories Limited has received in-principle approval from both NSE (on December 02, 2025) and BSE (on December 16, 2025) for a Rights Issue of fully paid-up equity shares. An in-principle approval means the exchanges have cleared the company's plan to raise capital by offering new shares to its existing shareholders in proportion to their current holdings. The company has not yet announced the issue size, price, or record date in this filing. Further details such as the ratio, pricing, and timeline will be communicated separately.
Shareholders should watch for the upcoming letter of offer with details on issue price, ratio, and record date. A rights issue allows existing investors to maintain their ownership stake by subscribing to additional shares, though it may involve additional capital commitment.