Bhandari Hosiery Exports Limited has informed the Exchange about Copy of Newspaper Publication
BHANDARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bhandari Hosiery Exports Limited has filed copies of newspaper publications (Financial Express, JanSatta, and Nawan Zamana) dated 4th March 2026, disclosing the details of its ongoing Rights Issue as required under SEBI listing regulations. The company is issuing up to 19,20,39,722 fully paid-up equity shares of face value Rs. 1 each at a price of Rs. 2.56 per share (including a premium of Rs. 1.56), aggregating up to Rs. 49.30 crores on a rights basis. Eligible shareholders will get 4 rights equity shares for every 5 fully paid-up shares held as on the record date of February 25, 2026. The issue opens on March 6, 2026 and closes on March 20, 2026, with State Bank of India as the banker to the issue and MUFG Intime India as the registrar.
This is a routine regulatory filing of newspaper advertisements notifying eligible shareholders about the rights issue window. Existing shareholders who do not subscribe to their rights entitlement risk dilution of their ownership stake by roughly 44%, while those who fully subscribe can maintain their proportional holding at a price below recent market levels.