Announced Wed, 29 Apr · 16:56 IST

Call of Rs.37.50/share on partly paid-up shares; Rights Issue proceeds reallocated

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+8.3%1-day move

₹151.00

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+8.3+6.7+9.3+8.6+6.6+2.7+2.0+5.9+13.8—

Up moveDown movePending

AI summary

Board fixed May 6, 2026 as record date for First & Final Call of Rs. 37.50/share (incl. Rs. 32.50 premium) on 45.93 lakh partly paid-up shares from March 2026 Rights Issue. Call money: May 25–June 8. Partly paid-up share trading suspended from May 6. Board reallocated Rs. 115.60 lakhs of Rights Issue proceeds—dropping 6 imported machinery (citing US-Iran war) toward new equipment, a 500 KWP solar plant, and advanced inkjet printer. Net proceeds unchanged at Rs. 33.97 cr.

Likely market impact

Partly paid-up shareholders must pay Rs. 37.50/share by June 8, 2026 or risk forfeiture. Reallocation stays within stated objects; net proceeds unchanged at Rs. 33.97 cr.