Viceroy Hotels Limited — Important, 29-11-2024: General Updates

The Rights Issue Committee of Viceroy Hotels Limited has approved the Letter of Offer for its upcoming Rights Issue, which is set to open on December 12, 2024, and close on December 24, 2024. The committee confirmed that the terms for the offer price and rights entitlement ratio will remain consistent with prior communications to the stock exchanges. This update reflects the company's proactive measures to enhance its financial position through capital infusion, presenting potential growth opportunities for investors. Observers should monitor the developments closely as the company aims to leverage this initiative for future strategic advancements.