Pratik Panels Ltd — Important, 07-05-2026: Company Update

The Board of Directors approved a rights issue to raise up to INR 40.25 Cr by issuing equity shares to eligible existing shareholders. This capital raise aims to strengthen the company's financial position and support future growth initiatives. A Rights Issue Committee has been formed to finalize key details like the record date, issue price, and entitlement ratio. The Draft Letter of Offer for this rights issue has also been approved for submission to the Stock Exchange, pending in-principle approval.