Filing of pre issue Advertisement pursuant to the proposed rights issue of equity shares of Apollo Ingredients Limited (Formerly known as Indsoya Limited) in the following Newspaper: 1. ....
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Apollo Ingredients Limited (formerly Indsoya Limited) has published a pre-issue advertisement in connection with its proposed rights issue. The company is issuing 1,00,00,000 equity shares at a face value and issue price of Rs. 5.00 per share, aggregating up to Rs. 500.00 lakhs (Rs. 5 crore). The ratio is 25 equity shares for every 1 share held, with the record date set as July 7, 2025. The issue opens on July 16, 2025 and closes on July 29, 2025. The advertisement was published in Financial Express (English), Jansatta (Hindi), and Pratahkal (Marathi) newspapers.
Eligible shareholders as of the record date (July 7, 2025) get the right to subscribe to 25 new shares for every 1 share held at Rs. 5 per share. Existing shareholders who do not exercise or renounce their rights entitlements by July 29, 2025 will lose them. The issue price being equal to face value (Rs. 5) and the high 25:1 ratio significantly dilutes existing shareholdings.