Rights Issue of up to Rs. 49.30 crores approved, ratio 4:5
BHANDARI · price
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Bhandari Hosiery Exports' Rights Issue Committee approved a rights issue of up to Rs. 49.30 crores. The company will issue about 19.2 crore equity shares at Rs. 2.56 each (face value Re.1, premium Rs.1.56) in the ratio of 4 new shares for every 5 shares held. Record date is Feb 25, 2026. Issue opens March 6 and closes March 20, 2026.
Eligible shareholders can buy 4 new shares for every 5 held at Rs. 2.56 each. Decide whether to subscribe, renounce, or let entitlements lapse.