Announced Fri, 6 Nov, 2026 · 18:58 IST
Draft offer approved for rights issue of up to Rs 205.8 crore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The rights issue committee approved the draft letter of offer for partly paid shares of Rs 10 each, with total proceeds of up to Rs 205.8 crore assuming full subscription and payment of all calls. It also approved seeking BSE approval to list the rights shares.
Likely market impact
The issue may increase share capital and dilute existing holders who do not participate. Final terms and approvals are still pending.