Laddu Gopal Online Services Withdraws Proposed Rights Issue After Failing to Secure BSE Approval
Laddu Gopal Online Services Ltd., formerly known as ETT Limited, has decided to withdraw its proposed rights issue of equity shares. The company made this decision following the outcome of its Board meeting held on June 17, 2026.The decision comes after the realization that the company did not receive the requisite in-principle approval from the Bombay Stock Exchange (BSE) within the stipulated timeline for the fund raising. To safeguard the interests of investors, the Board of Directors resolved to withdraw the proposed action.
The original plan involved a rights issue of equity shares with a face value of ₹2.00 each. The company was planning to raise up to ₹30 crore through this offering, as detailed in its draft letter of offer dated February 23, 2026.
Stock Price Movement
Laddu Gopal Online Services Ltd is currently trading at ₹0.46, testing a 4.17% dip as of 12:35 p.m.The shares remain completely locked, as the intraday high and low have both been registered at this exact price point.
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