Pratik Panels Limited has further rescheduled the meeting of its Rights Issue Committee to July 15, 2026, to determine the key parameters for its proposed rights issue of equity shares. The committee will decide on the record date, issue price, and entitlement ratio, which are critical for shareholders to understand their participation and investment requirements. The proposed issue aims to raise funds not exceeding ₹40.25 Crores, a move that could bolster the company's capital base for future operations.

The meeting was originally scheduled for June 30, 2026, and was subsequently postponed to July 6, 2026, due to pending in-principle approval from the Stock Exchanges in connection with the proposed Rights Issue. The Board of Directors had initially approved the rights issue and constituted the separate committee in a previous meeting held on May 7, 2026. The upcoming committee meeting is a procedural step to operationalize the Board's approval, subject to receipt of necessary clearances.

Key Details of the Rights Issue

The following table summarizes the primary details regarding the upcoming rights issue and the committee meeting:

Regulatory and Procedural Requirements

The implementation of the rights issue is contingent upon receiving approvals from the stock exchanges and other relevant regulatory authorities. The company has referred to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in its communication to the Bombay Stock Exchange. This regulation mandates prior intimation to the exchange regarding such committee meetings.

The communication was addressed to the Department of Corporate Service at the Bombay Stock Exchange and was digitally signed by Swapnil Sharad Shimpi, Whole-Time Director of Pratik Panels Limited. The company has requested the exchange to take the submission on record.

Pratik Panels Limited will convene a board meeting on May 28, 2026, to approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at the company's registered office to consider the financial performance under the Indian Accounting Standards (IND-AS).

The agenda includes the approval of the audited financial results along with the auditor's report for the specified period. Additionally, the board will review the IND-AS compliant statement of assets and liabilities and the cash flow statement for the financial year ended March 31, 2026.

The regulatory filing was submitted to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The approved results will be communicated to the stock exchange upon the conclusion of the board meeting.

Swapnil Sharad Shimpi, Whole-time Director, signed the intimation dated May 25, 2026. The meeting will also address any other business with the permission of the chair.