Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Rainbow Foundations has informed that the Board of Directors of the Company at their Meeting held on 07th March, 2022 have considered and approved the following: Approved the Final Letter of offer for the Rights Issue, Approved the Record date for the Rights issue to be Friday, March 11, 2022, Approved the Issue Opening date to be Friday, March 25, 2022 and Closing date to be Monday, April 18, 2022 and Approved the Incorporation of a wholly owned subsidiary of the Company.
The above information is a part of company’s filings submitted to BSE.