Closure of Rights Issue Subscription Period of G S Auto International Limited ('Company'). Ref: Rights Issue of up to 2,90,29,160 (Two Crore Ninety Lakhs Twenty-Nine Thousand One Hundred ....
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GS Auto International has closed its rights issue subscription on June 10, 2026. The company offered up to 2,90,29,160 partly paid-up equity shares of Rs. 5 face value at Rs. 10 per share, raising up to Rs. 2,902.92 lakhs (approximately Rs. 29.03 crores). The ratio was 2 rights shares for every 1 fully paid-up share held, with the record date set as May 22, 2026. The issue opened on June 2, 2026 and closed on June 10, 2026. Any unused rights entitlements will lapse after the closure.
Shareholders who did not subscribe or renounce their rights entitlements will lose them as they lapse after closure. Existing shareholders' stakes may be diluted if they did not participate, though partly paid-up shares reduce immediate cash outflow.