Ethos Limited has informed the Exchange about General Updates
ETHOSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 2.3 pts more than its Gems Jewellery And Watches 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.
Ethos Limited's board has finalized the terms of its proposed rights issue first approved on June 3, 2025. The company will issue 22,77,250 fully paid-up equity shares of face value ₹10 each at a price of ₹1,800 per share, aggregating to about ₹409.9 crore (assuming full subscription). This includes a premium of ₹1,790 per share. Eligible shareholders will get 4 rights shares for every 43 shares held as on the record date of June 12, 2025. The issue will open on June 20, 2025 and close on July 3, 2025. Post-issue, total equity shares will rise from 2,44,80,443 to 2,67,57,693, an expansion of roughly 9.3% on a fully subscribed basis. The entire application money must be paid at the time of application, with no deferred call structure.
Existing shareholders can subscribe to maintain their proportional ownership, but those who skip the issue will see their stake diluted by roughly 8.5%. The relatively small issue size (about 9% expansion) and the rights route suggest the company is raising growth capital without ceding control or roping in new investors. Watch for a discount-to-market analysis once the issue price benchmark is published.