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Aplab Ltd. — Capital/Financing Update 2025
May 9, 2025
58978_rns_2025-05-09_e668206b-1c7f-490e-876a-0c79b3e0e691.pdf
Capital/Financing Update
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Date: May 09, 2025
To, The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001
Scrip Code: 517096
Subject : Outcome of the Meeting of the Rights Issue Committee of the Board of Directors of Aplab Limited (“the Company”) in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Rights Issue Committee of Aplab Limited, at its meeting held on May 09, 2025, after due deliberation, has decided to reassess the modalities of the proposed Rights Issue of equity shares (earlier approved by the Board on February 22, 2025) in light of the recent regulatory changes that streamline and expedite the capital raising process.
Accordingly, the Rights Issue Committee of the Board of Directors has resolved not to proceed with the same for the time being.
Further updates shall be provided in due course.
You are requested to kindly take the above information for your records.
Thanking You, Yours Sincerely, For Aplab Limited
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Rajesh K Deherkar Company Secretary & Compliance Officer
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