Announced Mon, 25 Aug · 19:25 IST

Revised Record date intimation for Right Issue.

Record Date RevisedCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Eco Hotels And Resorts Ltd has revised the record date for its Rights Issue to Friday, August 29, 2025. The revision was made because the original ratio calculation included 10,30,145 Sweat Equity Shares allotted on July 22, 2025, but since listing and trading approval for those shares is still pending, the pre-issue share count has now been used. Under the revised terms, the company will issue 1,28,76,808 partly paid-up equity shares at Rs. 15.20 each (face value Rs. 10), raising up to Rs. 1,957.27 Lakhs. The ratio is 1 rights share for every 4 shares held, with the issue opening on September 8, 2025 and closing on September 17, 2025. Shareholders must pay Rs. 3.80 on application, with the remaining Rs. 11.40 due in later calls.

Likely market impact

Shareholders on record as of August 29, 2025 will be eligible to subscribe to the Rights Issue in the 1:4 ratio. The partly paid-up structure means a smaller upfront cash outflow (Rs. 3.80 per share), but existing holders should expect some dilution as new shares are issued.