In furtherance to intimation on the outcome of the meeting of the Rights Issue Committee of the Board of Directors of the Company (‘Board’) held on 01st January, 2025 and intimation of record date, Nibe Ordnance and Maritime has informed that the Rights Issue Committee in its meeting held today, January 07, 2025, has approved the Letter of Offer, Abridged Letter of Offer and all other application forms for the Rights Issue of the Company which is scheduled to be opened on January 17, 2025 and to be closed on January 28, 2025. The terms related to offer price and rights entitlement ratio will remain the same as approved by the Rights Issue Committee and intimated to the stock exchange earlier. The meeting commenced at 3:45 pm and concluded at 4:20 pm.
The above information is a part of company’s filings submitted to BSE.
