The Board of Directors in its meeting held on February 25, 2026 has fixed the size of the proposed Right issue. We hereby submit the LOF of the said right issue.
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Enbee Trade & Finance Ltd's Board, at its meeting on February 25, 2026, finalised the size of a proposed Rights Issue and has submitted the Letter of Offer (dated March 02, 2026) to BSE. The company is offering up to 1,20,05,00,007 equity shares of ₹1 face value at an issue price of ₹1 per share (at par, no premium), aggregating up to ₹12,005 lakhs (approx. ₹120 crore). The ratio is 21 rights shares for every 10 shares held, with the record date fixed as Wednesday, March 04, 2026. The issue opens on March 12, 2026 and closes on March 20, 2026. Promoter Amarr Narendra Galla is backing the issue; ICICI Bank is the banker to the issue and Cameo Corporate Services is the registrar.
Existing shareholders are being offered 21 new shares for every 10 held at ₹1 each – a heavily large bonus-like ratio. The at-par pricing makes subscription affordable, but this is a very large capital raise that will significantly expand the share count and dilute non-participating shareholders. Shareholders should check their holdings, decide whether to subscribe, and may also have the option to renounce or sell their rights entitlements on-market by March 17, 2026.