The Rights Issue committee of the Board at their meeting held on 19.02.2026 has approved the allotment of 20,47,000 equity shares in accordance with the Basis of allotment as approved by BSE Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
D & H India Ltd's Rights Issue Committee approved the allotment of 20,47,000 fully paid-up equity shares at ₹120 per share, including a ₹110 premium over the ₹10 face value, aggregating to about ₹24.56 crores. The rights issue opened on February 9, 2026 and closed on February 17, 2026, receiving a strong oversubscription of 159.81% after technical and partial rejections, indicating healthy investor demand. As a result, the company's paid-up equity capital increased from ₹8.19 crores (81.88 lakh shares) to ₹10.24 crores (1.02 crore shares), a dilution of roughly 25% on the share count.
The heavy oversubscription reflects strong investor interest and confidence in the company's growth plans. However, the 25% increase in share count will dilute existing shareholders' stake, which may weigh on the stock in the short term, though the fresh capital of ~₹24.56 crores will strengthen the balance sheet for future business expansion.