Outcome of Board Meeting for approval of the offer and issuance of equity shares of the Company for an amount, including premium, not exceeding 3500 Lakhs by way of right issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.8 pts less than Nifty Microcap 250 and 5.4 pts less than its Computers Hardware & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors of BCC Fuba India Ltd, at its meeting held on 13th February 2026, approved a Rights Issue of equity shares to existing eligible shareholders for an amount not exceeding Rs. 3,500 Lakhs (Rs. 35 Crore), inclusive of premium. The issue will be carried out under SEBI's ICDR Regulations, 2018, subject to applicable approvals. Key details such as the issue price, entitlement ratio, record date, and payment terms are yet to be finalized and have been delegated to the Fund-Raising Committee. The company also approved the Draft Letter of Offer to be filed with BSE.
The Rights Issue will dilute existing shareholders' holdings unless they participate by subscribing to their entitlement. The specific use of proceeds has not been disclosed, so the impact on earnings per share and capital structure will depend on the eventual issue price and what the funds are deployed for.