BSEGeneral6 Oct 2026 · 6 Oct 2026, 07:33 pm

Board of Directors appoved the proposal for Withdrawal of Right Issue proposal approved in the Board Meeting held on August 17, 2026.

Atal Realtech Ltd · 543911

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Atal Realtech Ltd has withdrawn its proposed rights issue of equity shares due to unfavourable market conditions and business considerations.

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Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact8/10
Market Sentiment5/10

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Atal Realtech Ltd - 543911 - Board Meeting Outcome for Board Of Directors Appoved The Proposal For Withdrawal Of Right Issue Proposal Approved In The Board Meeting Held On August 17, 2026.

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CIN: L45400MH2012PLC234941 Date – 06/10/2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, 25th Floor, Phiroz Plot No. C/1, G Block, Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East) Dalal Street, Fort, Mumbai – 400051 Mumbai - 400001 Symbol: ATALREAL Script Code: 543911 Subject: Withdrawal of the proposed Rights Issue of Equity Shares of Atal Realtech Limited and request for closure of the Draft Letter of Offer. Dear Sir/Madam, Atal Realtech Limited (“Company”) had filed the Draft Letter of Offer (“DLOF”) with BSE Limited and National Stock Exchange of India Limited (together, the “Stock Exchanges”) for its proposed Rights Issue of Equity Shares of face value of ₹2 each, aggregating up to ₹1,600 lakhs (“Issue”), pursuant to the approval of the Board of Directors of the Company dated August 17, 2026. We wish to inform you that, in view of the prevailing unfavourable market conditions and certain business considerations, the Board of Directors of the Company, at its meeting held on Tuesday, October 06, 2026, has decided to withdraw the Issue and not to proceed further with it. We confirm that, as on date, the Company has not issued the Letter of Offer, has not opened the Issue, has not issued or credited any Rights Entitlements, and has not received any application monies in connection with the Issue. Accordingly, no investor or shareholder is affected by this withdrawal. In view of the above, we request you to kindly take this withdrawal on record, treat the DLOF filed with the Stock Exchanges as withdrawn, and close the application made by the Company in respect of the Issue. The Meeting commenced on 04:00 p.m. and concluded on 05:10 p.m. Thanking You, Yours Faithfully, FOR ATAL REALTECH LIMITED Mr. Vijaygopal Parasram Atal Managing Director DIN: 00126667 Place: Nashik 0253-2993859 Office No. B 406, Third Floor, ABH Capital, OPP. Ramayan Bunglow, Sharanpur Road, Near Rajiv Gandhi Bhavan, Nashik, Maharashtra, India, 422005