Newspaper publication for Allotment of shares on Right basis.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Darshan Orna Limited has completed the allotment of its rights issue of 5,00,29,335 equity shares at Rs. 3 per share (face value Rs. 2 + Rs. 1 premium), aggregating up to Rs. 1,500.88 lakhs. The issue, in the ratio of 1:1, was opened from November 13, 2025 to November 21, 2025, and was subscribed 105.43%, receiving 636 applications for about 5.27 crore shares against which 5,00,29,335 shares were allotted. Out of 636 applications, 198 (for 112,793 shares) were technically rejected, while all 438 valid applications were considered for allotment. Shareholders received 2.57 crore shares (51.28%) and renouncees got 2.44 crore shares (48.72%). Credit of shares to demat accounts is expected by November 27, 2025, and trading on BSE under existing ISIN INE671T01028 is expected to begin from November 28, 2025.
The rights issue was successfully completed with a 5% oversubscription, showing decent shareholder interest. Existing shareholders will see their share count effectively stay the same due to the 1:1 ratio, while the Rs. 1 crore equity raise at a low premium suggests capital strengthening. Stock may see some short-term supply pressure when the newly allotted rights shares start trading on November 28, 2025.