Patel Integrated Logistics has informed that the meeting of the Rights Issue Committee of the Board of the Company held on 28th August, 2024, approved the terms of the issuance of equity shares of the Company of face value of ?10 each by way of rights issue for an amount of ?18 aggregating up to ?900 Lakhs (Issue), in accordance with the Companies Act, 2013 and the rules made thereunder and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and other applicable laws. In view thereof, the Issue opened on Thursday, 19th September, 2024 at 9.00 am IST and closed today i.e. Tuesday, 01st October, 2024 at 5.00 pm IST.
The above information is a part of company’s filings submitted to BSE.
