Astec LifeSciences Limited has informed the Exchange about Copy of Newspaper Publication
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Astec LifeSciences Limited has published newspaper advertisements in compliance with SEBI ICDR Regulation 84(1) regarding its ongoing Rights Issue. The company is issuing up to 28,01,673 fully paid-up equity shares of face value ₹10 each at a price of ₹890 per share (including a premium of ₹880), aggregating up to approximately ₹249.39 crores on a rights basis. Eligible shareholders will get 1 rights share for every 7 fully paid-up shares held on the record date of Friday, July 4, 2025. The issue opens on Monday, July 14, 2025, with the last date for on-market renunciation on July 22, 2025, and closes on Monday, July 28, 2025. The advertisements were published in Financial Express (English), Jansatta (Hindi), and Navshakti (Marathi) newspapers on July 9, 2025.
This is a routine regulatory disclosure confirming the Rights Issue timeline to existing shareholders. Eligible shareholders should evaluate whether to subscribe, renounce, or let their rights entitlements lapse, as non-participation will lead to dilution of their shareholding in the company.