Allcargo Terminals Limited has informed the Exchange that Board of Directors at its meeting held on October 07, 2025, has decided to issue equity shares on rights basis amounting to Rupees 80,00,00,000 (Rupees Eighty Crores only)
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The Board of Directors of Allcargo Terminals Limited, at its meeting held on October 07, 2025, approved the issuance of equity shares on a rights basis to existing shareholders, aggregating to Rs. 80 crores (Eighty Crores only). A rights issue allows eligible shareholders to purchase additional shares in proportion to their current holdings, typically at a discounted price. The company has not disclosed the issue price, record date, or the specific purpose of fund utilization in this filing.
This fundraising will dilute existing shareholders proportionally if they do not subscribe to their entitlement, but also gives them a chance to increase their stake. The announcement may put short-term pressure on the stock price due to dilution, though the rights are meant to protect shareholder value by giving them first priority.