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Scoobee Day Garments (India) informs about outcome of board meeting

27 Mar 2025 Evaluate
In continuation to letter dated March 20, 2025, and in accordance with the provisions of Regulation 30 read with Schedule III of the SEBI LODR Regulations, Scoobee Day Garments (India) has informed that the Board of Directors of the Company at its meeting held today i.e., Thursday, March 27, 2025, has considered and approved the following: The proposal for fund raising on a rights basis (“Rights Issue”) for an amount aggregating up to ? 5000 Lakhs (Rupees Fifty Crores Only) to the eligible equity shareholders of the Company as on the record date (to be notified later) by issue of fully paid-up Equity Shares of the face value of ?10/- each on such terms as may be decided by the Board of Directors, subject to receipt of regulatory/statutory approvals, in accordance with the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, SEBI LODR Regulations, and the Companies Act, 2013 and rules made thereunder, as amended from time to time and approved other related matters. The details as required under Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are enclosed as Annexure A. The detailed terms in relation to the right issue, including but not limiting to issue price, rights entitlement ratio, record date, timing and terms of payment for the purposes of giving effect to the right issue will be determined and intimated in due course. The meeting of the Board of Directors of the Company commenced at 11.00 am and concluded at 11.30 am. The disclosures along with the enclosures shall be made available on the website of the company at www.scoobeedaygarments.com

The above information is a part of company’s filings submitted to BSE.

Scoobee Day Garments Share Price

67.06 -0.06 (-0.09%)
20-Apr-2026 16:59 View Price Chart
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