Vineet Labs Rights Issue: Letter of Offer Approved, Filing with SEBI
Vineet Laboratories Limited has announced the submission of its Letter of Offer for a Rights Issue, following approval from its Rights Issue Committee. The issue proposes to offer 99,87,258 fully paid...
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Why is Vineet Laboratories Limited in the news today?
Vineet Laboratories Limited (VINEETLAB) is in the news due to the announcement is a procedural update regarding a rights issue and does not contain information that would significantly impact the company's valuation or future prospects positively or negatively at this stage. it is a factual disclosure of a planned corporate action.
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Vineet Labs Rights Issue: Letter of Offer Approved, Filing with SEBI
December 20, 2025, 09:00 AM
Vineet Laboratories Limited has announced the submission of its Letter of Offer for a Rights Issue, following approval from its Rights Issue Committee. The issue proposes to offer 99,87,258 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹30 per share, aggregating up to ₹29.97 Crores. This rights issue is structured in a ratio of 13 equity shares for every 12 equity shares held as of the record date, which is December 23, 2025.
The Letter of Offer, dated December 17, 2025, has been submitted to SEBI, BSE Limited, and the National Stock Exchange of India Limited in compliance with SEBI regulations. The issue opens on January 01, 2026, and closes on January 21, 2026. The company has received in-principle approvals from BSE and NSE for listing the Rights Equity Shares. The Registrar to the Issue is Bigshare Services Private Limited.
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