Epuja Spiritech board approves Rs 60 crore rights issue and postal ballot items
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.9 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Epuja Spiritech Limited (formerly Sagar Productions) board on July 29, 2026 approved a rights issue of equity shares of face value Rs 1 each for up to Rs 60 crore, to be offered to eligible shareholders. Issue price, entitlement ratio, and record date are yet to be decided by a newly formed Rights Issue Committee. The board also cleared a postal ballot covering three items: raising inter-corporate loan and investment limits up to Rs 100 crore, adding new objects to the MOA, and increasing authorised share capital.
Existing shareholders may get rights to buy more shares at a price to be decided later. Could dilute holdings. Key terms like price and ratio still pending.