Board to approve terms of proposed Rs 80 crore rights issue
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On November 3, 2026, the board will consider the offer letter and terms of a rights issue of up to Rs 80 crore. The issue price, rights ratio, record date, payment process and timing have not yet been set. BSE has provisionally approved listing of the new fully paid shares.
Shareholders may need to subscribe cash to preserve their stake. The stock could face dilution and near-term volatility until the pricing and rights terms are announced.