Panafic Industrials Limited's Rights Issue Committee concluded its meeting on April 11, 2026, approving a rights issue of 41,06,25,000 equity shares at ₹1 per share to raise ₹4106.25 lakhs. The rights issue opens April 24, 2026, with a 5:1 entitlement ratio and record date of April 17, 2026, expanding the company's equity base from 8.21 crore to 49.28 crore shares upon full subscription.

Panafic Industrials Rights Issue Committee approves ₹4106.25 lakh fundraising

Panafic industrials Limited's Rights Issue Committee has successfully concluded its meeting on April 11, 2026, approving key parameters for the company's rights issue of equity shares. The committee finalized critical aspects of the capital raising initiative that will see the company issue 41,06,25,000 fully paid-up equity shares for an aggregate amount not exceeding ₹4106.25 lakhs.

Rights Issue Parameters Approved

The Rights Issue Committee approved comprehensive details for the upcoming rights offering. The committee's decisions establish the framework for what represents a significant capital expansion for the company.

Parameter Details Issue Size 41,06,25,000 equity shares Issue Price ₹1 per fully paid-up equity share Total Amount ₹4106.25 lakhs (assuming full subscription) Record Date Friday, April 17, 2026 Rights Ratio 5:1 (Five rights shares for every one existing share)

Issue Timeline and Key Dates

The committee established a comprehensive timeline for the rights issue process. The rights issue will commence on Friday, April 24, 2026, providing eligible shareholders with the opportunity to subscribe to additional equity shares.

Event Date Rights Issue Opening Friday, April 24, 2026 Last Date for On-Market Renunciation Monday, May 04, 2026 Last Date for Off-Market Renunciation Tuesday, May 05, 2026 Rights Issue Closing Friday, May 08, 2026 ISIN for Rights Entitlement INE655P2001

Share Capital Structure Impact

The rights issue will significantly expand the company's equity base. Prior to the rights issue, the company has 8,21,25,000 fully paid-up equity shares of face value ₹1 each. Post the rights issue, assuming full subscription, the total outstanding equity shares will increase to 49,27,50,000 fully paid equity shares.

Regulatory Compliance and Documentation

The Board of Directors approved the Final Letter of Offer, Abridged Letter of Offer, and Composite Application Form during the meeting. The company has received 'In-Principle Approval' from BSE Limited vide letter No. LOD/RIGHT/RB/FIP/1552/2025-26 dated January 19, 2026. The announcement complies with Regulation 30 and Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Sarita Gupta, with DIN 00113099, signed the official communication to BSE Limited where the company's shares are listed under scrip code 538860.

Panafic industrials Limited has submitted mandatory regulatory disclosures to BSE Limited under SEBI takeover regulations for the financial year ended 31st March, 2026. The company filed disclosures under Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on 4th April, 2026.

Promoter Declarations

All four promoters of Panafic Industrials Limited have individually submitted declarations confirming compliance with SEBI regulations. The promoters declared that they have not created any encumbrance on the company's shares, directly or indirectly, during the financial year ended 31st March, 2026.

Promoter Name: Declaration Date Position Anil Gupta 3rd April, 2026 Promoter Rajeev Kumar Gupta 2nd April, 2026 Promoter Sarita Gupta 2nd April, 2026 Promoter & Managing Director Saroj Gupta 2nd April, 2026 Promoter

Regulatory Compliance

The disclosures were made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which require promoters to declare any encumbrance created on company shares. Each promoter confirmed that no encumbrance was created on their shareholding during FY26, either directly or indirectly, including through persons acting in concert.

Company Information

Sarita Gupta, who serves as Managing Director with DIN 00113099, submitted the consolidated disclosure to BSE Limited on behalf of the company. The company is registered in New Delhi and operates from its registered office at West Punjabi Bagh. The regulatory filing ensures transparency in promoter shareholding patterns and compliance with securities market regulations.

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