Shelter Pharma Ltd — Board Meeting, 18-06-2025: Board Meeting

Shelter Pharma Limited has announced a board meeting and decided to postpone its proposed Rights Issue due to changing business priorities and market conditions. The company plans to raise up to ₹50 Cr through the issuance of convertible equity share warrants or other convertible securities via preferential issue and private placement, subject to necessary approvals and shareholder consent. Details on allotment and pricing will follow after further board consideration. The trading window for company securities will open shortly after. This move aims to provide the company flexibility in raising funds aligned with its evolving strategy.