Rights Issue Announcement for Garment Mantra Lifestyle Ltd - Apr 17, 2025

Garment Mantra Lifestyle Ltd has announced a rights issue, offering existing shareholders the opportunity to purchase additional shares at a favorable rate. The rights issue comes with a ratio of 39:20,meaning shareholders are entitled to buy 39 new shares for every 20 shares they currently hold.

This issue is priced at a premium of 20 per share. Important dates for this rights issue include the record date of Apr 17, 2025, which is the cutoff date to determine shareholder eligibility for the rights offer. The ex-date, when the stock will begin trading without the rights entitlement, is Apr 17, 2025.