Silgo Retail Postpones Board Meeting for Rights Issue to Dec 30
Silgo Retail Limited has announced the further postponement and rescheduling of its Board of Directors meeting. The meeting, originally set for Monday, December 29, 2025, will now be held on Tuesday, ...
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Why is Silgo Retail Limited in the news today?
Silgo Retail Limited (SILGO) is in the news due to the announcement is a routine procedural update regarding the postponement of a board meeting. it does not contain any new financial information or significant business developments that would sway sentiment positively or negatively.
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Silgo Retail Postpones Board Meeting for Rights Issue to Dec 30
December 29, 2025, 03:29 PM
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Silgo Retail Limited has announced the further postponement and rescheduling of its Board of Directors meeting. The meeting, originally set for Monday, December 29, 2025, will now be held on Tuesday, December 30, 2025. This meeting is crucial for finalizing various aspects of the company's proposed Rights Issue.
The Rights Issue aims to raise an amount not exceeding ₹4,500 Lakhs (₹450 Crore) through the offer and issuance of partly paid-up equity shares. The board was expected to decide on key terms including the Rights Issue price, payment mechanism, rights entitlement ratio, record date, and overall timing.
This rescheduling follows a previous postponement from an earlier date. The company has stated that all other matters previously communicated remain unchanged. The announcement was made on December 29, 2025, and is available on the company's website.
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