ReferIndia News Pramara Promotions withdraws preferential issue citing market volatility

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Pramara Promotions withdraws preferential issue citing market volatility

Published on: May 30, 2026, 9:47 p.m. | Source: scanx.trade

Pramara Promotions Limited withdrew its proposed preferential issue of 13,68,000 equity shares and 34,92,000 warrants on May 29, 2026, citing market volatility and price changes. The board's decision follows prior approvals from the board and shareholders in April and May. The company assured stakeholders the withdrawal will not affect business operations or financial stability.

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