Intimation of allotment of equity shares on Rights basis.
Price
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Darshan Orna Limited has allotted 5,00,29,335 fully paid-up equity shares to eligible shareholders and renouncees under its Rights Issue at an issue price of ₹3 per share (face value ₹2). The allotment was approved by the Board on November 25, 2025, after finalising the basis of allotment with Kfin Technologies (registrar) and BSE (designated stock exchange). As a result, the company's paid-up equity share capital has doubled from ₹10.00 crore to ₹20.01 crore. The rights issue had been previously approved via earlier intimations in December 2024, February 2025, and October 2025.
The share count has doubled, which will dilute earnings per share in the near term. Shareholders who did not subscribe or renounce their rights will see their ownership percentage reduce. The funds raised may support the company's growth plans if deployed productively.