Laddu Gopal Online Services withdraws ₹30 crore Rights Issue

1 min read Updated on 17 Jun 2026, 12:49 PM

Reviewed by

Ashish TScanX News Team

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Laddu Gopal Online Services Ltd withdrew its proposed Rights Issue of ₹30 crore due to a lack of in-principle approval from BSE. The Board decided on June 17, 2026, to cancel the offer to protect investor interests. The issue involved equity shares with a face value of ₹2.00 each.

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Laddu Gopal Online Services Ltd has withdrawn its proposed Rights Issue of equity shares aggregating up to ₹30 crore after failing to secure the requisite in-principle approval from the Bombay Stock Exchange within the stipulated timeline. The Board of Directors resolved to withdraw the fund-raising initiative during its meeting held on June 17, 2026, to safeguard the interests of the investors.

The proposed fund-raising was intended to be conducted via a Rights Issue of equity shares with a face value of ₹2.00 each. The company had previously filed a Draft Letter of Offer dated February 23, 2026, detailing the proposal. However, the absence of the necessary regulatory clearance within the required period necessitated the withdrawal of the offer.

Board Meeting Details

The meeting of the Board of Directors commenced at 11:30 A.M. and concluded at 12:20 P.M. on June 17, 2026. The resolution to withdraw the Rights Issue was passed during this session. The decision was communicated to the Listing Compliance Department of BSE Limited.

Key Details of the Withdrawn Issue

Detail	Information
Type of Issue	Rights Issue of Equity Shares
Face Value	₹2.00 per share
Aggregate Size	₹30 crore
Draft Letter Date	February 23, 2026
Reason for Withdrawal	Non-receipt of in-principle approval from BSE

The company, formerly known as ETT Limited, has requested the exchange to record the outcome of the board meeting. Urmila Malviya, Additional Executive Director, signed the communication on behalf of Laddu Gopal Online Services Ltd.

Historical Stock Returns for Laddu Gopal Online Services

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.35%	-12.00%	-42.11%	-57.69%	-97.72%	-98.38%

What alternative funding strategies will the company pursue to meet its capital requirements?

How will the withdrawal of the Rights Issue impact the company's near-term expansion plans?

What specific regulatory hurdles caused the delay in securing BSE's in-principle approval?

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Laddu Gopal Online Services cancels board meeting due to audit delays

0 min read Updated on 15 Jun 2026, 05:25 PM

Reviewed by

Anirudha BScanX News Team

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Laddu Gopal Online Services Limited cancelled its board meeting scheduled for June 15, 2026, due to the ongoing statutory audit process and unfinalized financial results for the year ended March 31, 2026. The company had previously rescheduled the meeting twice from May 30 and June 10. A new date will be intimated in due course under Regulation 29 of the SEBI LODR Regulations.

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Laddu Gopal Online Services Limited has cancelled its board meeting scheduled for June 15, 2026, due to the statutory audit process being currently under progress. The financial results for the quarter and financial year ended March 31, 2026, have not been finalized, necessitating the cancellation of the meeting originally intended to approve the audited financial statements.

The company had previously rescheduled the meeting from May 30, 2026, to June 10, 2026, and subsequently to June 15, 2026, citing delays in finalizing the results. The intimation regarding the cancellation was submitted under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Laddu Gopal Online Services Limited stated that it will inform the stock exchanges of the revised date for the board meeting in due course, adhering to the prescribed timelines under Regulation 29. The intimation was signed by Urmila Malviya, Additional Executive Director of the company.