Revised Outcome of Right Issue Committee - for deciding Ratio, Price, and Issue for Right Issue
Price
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Eco Hotels and Resorts has finalised the terms of its upcoming rights issue. The company will issue 1,28,76,808 partly paid-up equity shares of face value Rs. 10 each at a price of Rs. 15.20 per share, raising up to Rs. 1,957.27 lakhs. The ratio has been set at 1 rights share for every 4 shares held by eligible shareholders. The record date is Friday, August 29, 2025, with the issue opening on September 8, 2025 and closing on September 17, 2025. The revision from earlier announcements was needed because sweat equity shares allotted in July 2025 are not yet listed, so the pre-issue share count was used. On application, shareholders must pay Rs. 3.80 per share, with the balance of Rs. 11.40 to be called later.
Eligible shareholders as of August 29, 2025 will get the opportunity to buy additional shares at Rs. 15.20 each. If shareholders do not subscribe, their stake will be diluted. The partly paid-up structure reduces immediate cash outflow but commits shareholders to future calls.