Board of directors at their meeting held on 27.01.2026 has approved the terms and conditions of the proposed rights issue as detailed in the letter.
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The Board of Directors of D & H India Ltd, at its meeting on January 27, 2026, approved the terms of its proposed Rights Issue. The company will issue up to 20,47,000 fully paid-up equity shares of ₹10 face value at a price of ₹120 per share (including a premium of ₹110), aggregating to about ₹24.56 crores. The entitlement ratio is set at 1 Rights Share for every 4 equity shares held, with the Record Date fixed as January 31, 2026. The issue opens on February 9, 2026 and closes on February 17, 2026. Post-issue, the total equity share count will rise from 81,88,000 to 1,02,35,000 shares assuming full subscription.
Eligible shareholders as on the Record Date (January 31, 2026) will need to invest ₹120 per share to subscribe, or renounce their rights by February 12 or 16, 2026. Full subscription will dilute existing holdings by about 25%, so shareholders should evaluate whether to subscribe, sell their rights, or let them lapse.