Vivid Mercantile Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2026 ,inter alia, to consider and approve 1. To consider and approve ....
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Vivid Mercantile Ltd has informed BSE that its Board of Directors will meet on March 26, 2026 to consider and approve key terms of a proposed Rights Issue of fully paid-up equity shares. The Board will decide the issue price, rights entitlement ratio, payment mechanism, and approve the Draft Letter of Offer. This follows an earlier Board resolution dated April 4, 2025 that approved the Rights Issue in principle. The trading window for designated persons has been closed from March 23, 2026 until 48 hours after the Board meeting concludes, in line with insider trading regulations.
Existing shareholders may get an opportunity to subscribe to additional shares at a potentially discounted price. The exact dilution and price will be known only after the Board meeting on March 26, 2026. Investors should watch for the Draft Letter of Offer for final terms.