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Awaiting price reaction for this filing.
D & H India Ltd informed BSE that its Promoter and Promoter Group members renounced their Rights Entitlements (REs) through on-market sale on BSE on 9 February 2026. Five promoter/promoter group entities — Harsh Vora (274,936 REs), Saurabh Vora (62,775 REs), Harsh Kumar Vora HUF (168,400 REs), Kiran Vora (235,346 REs), and Sushil Rawka (15,819 REs) — together renounced 757,276 Rights Entitlements. This renunciation accounts for approximately 36.99% of the total Rights Entitlement. The intimation was filed under Regulation 95 of SEBI ICDR Regulations.
By renouncing their Rights Entitlements instead of subscribing to additional shares, the promoters are choosing not to increase their stake in the company via the rights issue, which may be viewed by retail investors as a sign of limited promoter appetite for further capital infusion at this point. However, this is a renunciation of rights rather than an outright sale of existing shares, so current shareholding remains unchanged.