Enbee Trade and Finance Postpones Rights Issue Committee Meeting to October 17, 2025

1 min read     Updated on 16 Oct 2025, 10:30 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Enbee Trade & Finance Limited has postponed its Rights Issue Committee meeting from October 14, 2025, to October 17, 2025, due to pending approval from BSE Limited for the proposed Rights Issue of up to Rs. 150.00 Crores. The meeting will determine crucial aspects such as issue price, rights entitlement ratio, and record date, subject to stock exchange approval. The Board of Directors had initially approved the Rights Issue on October 08, 2025.

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*this image is generated using AI for illustrative purposes only.

Enbee Trade & Finance Limited has announced a further postponement of its Rights Issue Committee meeting, originally scheduled for October 14, 2025. The meeting is now set to take place on October 17, 2025, due to pending approval from BSE Limited for the company's proposed Rights Issue.

Key Details of the Postponement

Aspect Details
Original Meeting Date October 14, 2025
New Meeting Date October 17, 2025
Reason for Postponement Pending approval from BSE Limited
Proposed Rights Issue Amount Up to Rs. 150.00 Crores
Board Approval Date October 08, 2025

Purpose of the Committee Meeting

The Rights Issue Committee meeting is intended to determine several crucial aspects of the proposed Rights Issue, including:

  • Issue Price
  • Rights Entitlement ratio
  • Record Date
  • Other terms and conditions

These decisions are subject to receiving in-principle approval from stock exchanges.

Background of the Rights Issue

The Board of Directors of Enbee Trade & Finance Limited had previously approved the Rights Issue on October 08, 2025. The issue aims to offer equity shares to existing shareholders for an amount not exceeding Rs. 150.00 Crores.

Implications and Next Steps

The postponement of the committee meeting suggests that the company is awaiting regulatory clearances before proceeding with the Rights Issue. Shareholders and potential investors should note that the final terms of the Rights Issue, including the issue price and entitlement ratio, will be determined only after the company receives the necessary approvals.

Enbee Trade & Finance Limited has stated that this information will be available on the company's website at https://enbeetrade.com/rights-issue/ . Interested parties are advised to monitor this link for updates on the Rights Issue process.

As the situation develops, stakeholders should stay alert for further announcements from the company regarding the status of BSE approval and any additional changes to the Rights Issue timeline.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.44%+6.82%+2.17%-42.68%-50.00%-83.45%
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Enbee Trade & Finance Limited to Consider Fund Raising Options in Upcoming Board Meeting

1 min read     Updated on 03 Oct 2025, 10:39 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Enbee Trade & Finance Limited, a Mumbai-based financial services company, has announced a board meeting on October 8, 2025, to explore fund-raising opportunities. The board will consider various methods, including rights issue and other permissible options under applicable laws. This decision aligns with the company's strategy to strengthen its financial position and support growth initiatives. The announcement was made in compliance with SEBI regulations, demonstrating the company's commitment to transparency.

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*this image is generated using AI for illustrative purposes only.

Enbee Trade & Finance Limited , a Mumbai-based financial services company, has announced plans to explore fund-raising opportunities in an upcoming board meeting. The company's decision comes as part of its strategy to strengthen its financial position and support potential growth initiatives.

Board Meeting Details

The Board of Directors of Enbee Trade & Finance Limited is scheduled to meet on Wednesday, October 8, 2025. The primary agenda for this meeting is to consider a proposal for raising funds through various means, including the issuance of equity shares or other securities.

Fund Raising Options

According to the company's communication to the BSE Limited, the board will discuss several fund-raising methods, which may include:

  • Rights issue
  • Other permissible methods under applicable laws

The final decision on the fund-raising method will be subject to regulatory approvals and necessary permissions as required by law.

Regulatory Compliance

Enbee Trade & Finance Limited has made this announcement in compliance with Regulation 29(1)(d) and other applicable provisions of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This move demonstrates the company's commitment to transparency and adherence to regulatory standards.

Management Statement

Amarr Narendra Galla, the Managing Director of Enbee Trade & Finance Limited, signed off on the official communication to the BSE. The company has requested the stock exchange to take note of this information and include it in their records.

Market Implications

While the specific amount of funds to be raised has not been disclosed, this development could potentially impact the company's financial structure and future growth prospects. Investors and market analysts will likely keep a close watch on the outcome of the board meeting and any subsequent announcements regarding the fund-raising initiative.

Shareholders and potential investors are advised to stay tuned for further updates following the board meeting on October 8, 2025, as the decisions made could have significant implications for the company's financial strategy and market position.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.44%+6.82%+2.17%-42.68%-50.00%-83.45%
Enbee Trade & Finance
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