Pratik Panels Ltd — Important, 15-07-2026: Company Update

Pratik Panels Limited's Rights Issue Committee has decided to revoke the Rights Issue previously announced on May 7, 2026. This significant decision, following a review by the Board of Directors, cites unavoidable circumstances for the change. The cancellation means the company will not proceed with its planned capital raise through this specific Rights Issue. This is a crucial update for investors, impacting the company's immediate funding strategy and potential shareholder dilution.