The Rights Issue Committee of the Board of Directors at their meeting held on 19/02/2026 has approved the Allotment of 2047000 equity shares of Rs. 10/- each fully paid-up pursuant to Rights ....
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D & H India Ltd has completed its Rights Issue, allotting 20,47,000 equity shares of face value ₹10 each at an issue price of ₹120 per share (including a premium of ₹110). The total issue size was ₹2,456.40 lakhs. The issue opened on February 9, 2026, and closed on February 17, 2026, receiving an over-subscription of about 160% (159.81% after technical rejections), showing strong investor interest. Following this allotment, the company's paid-up equity share capital has risen from ₹8.19 crore (81.88 lakh shares) to ₹10.24 crore (1.02 crore shares). The Rights Issue Committee approved the allotment at its meeting on February 19, 2026.
The successful and over-subscribed Rights Issue strengthens the company's capital base and indicates healthy investor confidence. However, existing shareholders will see their shareholding diluted, and the stock may face short-term price pressure as new shares begin trading.