Party Cruisers Limited — Record Date

Party Cruisers Limited has announced that the record date for its upcoming rights issue is set for November 13, 2026. This date is crucial as it determines which shareholders are eligible to participate in the new issue. Only those on the company's register of members as of this date will be entitled to subscribe to the new shares.

For investors, this announcement is a key milestone in the company's capital-raising plans. It signals that the rights issue is moving forward and provides a clear timeline for shareholders to decide if they wish to exercise their rights. The rights issue will allow the company to raise fresh capital to fund its growth and expansion plans.

Shareholders should check their demat accounts to confirm their eligibility. It is important to note that the rights issue will offer a specific number of new shares to existing shareholders at a predetermined price. Investors should wait for the detailed offer document to understand the terms and decide whether to subscribe to the new issue.