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Suditi Industries LtdImportant, 06-10-2025: Company Update

06-10-2025 | 08:24 pm

SUDITI INDUSTRIES LTD. Board has withdrawn and cancelled the proposed Preferential Issue of 15,74,182 Equity shares, previously approved by shareholders. This decision stems from proposed investors' inability to proceed on original terms and a re-evaluation of the company's strategic direction and fundraising timing. The company assures stakeholders that this withdrawal will not impact financial stability or growth prospects. It plans to reinitiate capital raising at a suitable time when business plans are realigned and market conditions improve, safeguarding shareholder interests.

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