Bhandari Hosiery Exports Limited announced the outcome of its empowered Rights Issue Committee meeting held on January 16, 2026. The committee unanimously approved the Draft Letter of Offer (DLOF) for a rights issue aggregating up to ₹49.30 Crores. This issue will offer fully paid-up equity shares to existing shareholders as of a yet-to-be-determined record date.

The committee has authorized the Company Secretary & Compliance Officer to submit the DLOF to the stock exchanges and manage all subsequent interactions to obtain in-principle approval. Furthermore, various intermediaries for the upcoming rights issue have been appointed and recorded.