The copy of Press release of 11th November 2025 is attached herewith.
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 Ltd, an Ahmedabad-based jewellery trading company, has announced a Rights Issue to raise up to ₹1,500.88 lakhs. The company is offering up to 5,00,29,335 fully paid-up equity shares of face value ₹2 each at an issue price of ₹3 per share (including a ₹1 premium). Eligible shareholders will get 1 Rights Share for every 1 equity share held as on the record date of October 31, 2025. The issue opens on November 13, 2025 and closes on November 21, 2025, with renunciation allowed on-market until November 17, 2025. Applications will be processed through the ASBA facility, and post-allotment the shares will be listed on BSE. KFin Technologies is acting as the registrar. The company says the proceeds will be used to strengthen the balance sheet and fund the next phase of business growth.
Shareholders of record as on October 31, 2025 will have the option (not obligation) to subscribe to additional shares at ₹3 each and maintain/boost their holdings. Those who do not participate will see their ownership diluted by up to 50%. The stock may come under some ex-rights price adjustment around the record date. Overall, this is a capital-raising move to support growth, and shareholders should review their plans before the issue closes on November 21, 2025.