Bhandari Hosiery Exports Limited has informed the Exchange about Copy of Newspaper Publication for allotment of shares in rights issue.
BHANDARI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bhandari Hosiery Exports Limited has completed the allotment of its Rights Issue, with newspaper advertisements published on March 25, 2026 in Financial Express, JanSatta, and Nawan Zamana. The company offered fully paid-up equity shares with a face value of ₹1 at an issue price of ₹2.56 per share (including a premium of ₹1.56) to eligible shareholders. The issue opened on February 25, 2026 and closed on March 16, 2026. A total of 1,622 applications were received for 9.30 crore shares, and 9.29 crore shares were allotted, indicating a subscription rate of about 99.73%. The company raised approximately ₹23.78 crore through this issue, with allotments finalised on March 23, 2026. Trading of the new rights equity shares on BSE and NSE is expected to commence from March 27, 2026.
The rights issue is now fully allotted, bringing roughly ₹23.78 crore into the company, and new shares will start trading soon, which may lead to short-term price adjustment due to dilution and increased share supply.