SOBHAGYA MERCHANTILE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/04/2024 ,inter alia, to consider and approve 1. To consider, discuss and approve various matters in connection with the Rights Issue including the terms and conditions such as determination of the Rights Issue price and related payment mechanism, Rights Issue size, Rights Entitlement Ratio, Record Date, Rights Issue Opening and Closing Date, approval of Letter of Offer and other matters\r\nincidental or connected therewith.