Viceroy Hotels Limited Board to Consider Rights Issue for Fund Raising
Viceroy Hotels Limited has scheduled a meeting of its Board of Directors to discuss and approve measures related to raising funds through a rights issue. The company's board meeting is set for Monday, June 29, 2026.The primary agenda item for the directors includes considering, discussing, and approving the issuance of Equity Shares on a rights basis to existing shareholders. This action aims at securing necessary funding for the company.
In addition to the fund-raising mandate, the Board is scheduled to consider any other business that may be brought before it with the permission of the Chairman.
Furthermore, the company confirmed that adherence to insider trading regulations mandates that the Trading Window remains closed for all Designated Persons and their immediate relatives. The restricted period will commence from the date of this notice and continue until 48 hours following the conclusion of the Board Meeting.
VHLTD Stock Price Movement
As of 1:34 PM, shares of Viceroy Hotels Limited are shedding value in live trading, slipping 3.55% to stand at ₹130.28 after falling by ₹4.80 from the opening price. The stock has seen brisk activity so far, with 8,459 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.