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GSM Foils LimitedImportant, 28-08-2025: Disclosure of material issue

28-08-2025 | 07:42 pm

GSM Foils (#GSMFOILS) has corrected its Rights Issue schedule.

**Issue:** The initial Rights Issue opening date (September 5, 2025) was found to be a bank holiday.

**Impact:** Due to ASBA process requirements, Rights Issues must open/close on working days for both banks and stock exchanges, making the original date invalid.

**Company's Response:** GSM Foils has postponed the Rights Issue opening to **Monday, September 08, 2025**. All other terms of the Rights Issue remain unchanged. Investors should note this date shift. #RightsIssue #InvestorUpdate

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