Record date for the purpose of determining shareholders who shall be eligible to apply for the right issue would be Friday, 4th July, 2025 as decided by the Right issue committee in its ....
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Awaiting price reaction for this filing.
Apollo Ingredients Ltd has set Friday, 4th July 2025 as the record date to identify shareholders who will be eligible to apply for the upcoming rights issue. The date was finalised by the company's Right Issue Committee. Shareholders holding shares on this date will be entitled to participate in the rights issue. Further details such as the rights issue ratio, issue price, and timeline are expected to follow in separate filings.
Existing shareholders as of the record date (4th July 2025) will be eligible to subscribe to the rights issue. The stock may see some movement near the ex-date as the market adjusts for the rights entitlement, though specific impact depends on issue price and ratio not yet disclosed.