Ethos Limited has informed the Exchange about Copy of Newspaper Publication pertaining to basis of allotment of shares under rights issue.
ETHOSLTD · price
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Ethos Limited has informed the stock exchanges about the newspaper publication of the basis of allotment for its rights issue. The Board of Directors, at its meeting on July 4, 2025, approved the allotment of 22,77,250 fully paid-up equity shares of face value ₹10 each to eligible shareholders and renouncees. The issue price was set at ₹1,800 per share, which includes a premium of ₹1,790 per share, making the total rights issue size approximately ₹410 crore. The newspaper advertisements were published on July 8, 2025 in Financial Express (English, multiple editions), Jansattva (Hindi), and Himachal Times (Hindi, Shimla edition) as required under SEBI Regulation 92(1).
This announcement confirms the completion of the rights issue allotment process and is a routine regulatory compliance filing. Shareholders who were allotted shares under the rights issue will now have them credited to their demat accounts. No new material impact on stock price is expected from this disclosure, as it is procedural in nature.