The Board of Directors in their meeting held today i.e. on 29th January, 2026 has considered and approved extension of Right Issue Closing date as attached.
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Viram Suvarn Ltd has extended the closing date of its ongoing Rights Issue by two weeks. The issue, which opened on January 23, 2026, was originally scheduled to close on February 6, 2026, but the Board of Directors has now pushed the deadline to February 20, 2026. The last date for on-market renunciation of Rights Entitlements has also been extended from January 30, 2026, to February 13, 2026. The extension was approved at a board meeting held on January 29, 2026, to give shareholders additional time to participate. Allotment is expected around February 24, 2026, and listing on or about February 26, 2026.
Existing shareholders now have more time to subscribe to the rights issue, which reduces the risk of missing out. However, extending a rights issue closing date can sometimes signal slower-than-expected subscription, which investors should watch closely in the coming weeks.