Pressure Sensitive Systems (India) Ltd. has announced that its Board of Directors will meet to consider raising funds through a rights issue. This strategic move aims to strengthen the company’s financial position and support its growth initiatives. The specifics of the rights issue, including the size, pricing, and timeline, are expected to be finalized during the board meeting. The company remains committed to creating value for its shareholders while ensuring compliance with regulatory requirements. Further details will be disclosed following the board's decision.
Source: Economic Times, BSE Announcements