Please find enclosed copy of the advertisement issued by the Company and published today, i.e. May 27, 2026, in respect of matters specified under sub-regulation (1) of Regulation 84 of ....
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GS Auto International Limited has completed dispatch of the Letter of Offer and Application Form for its Rights Issue on May 26, 2026. The company published a statutory advertisement on May 27, 2026 in Business Standard (English and Hindi) and Desh Sewak (Punjabi) newspapers as required under SEBI ICDR Regulations. The Rights Issue involves issuance of up to 2,90,29,160 partly paid-up equity shares at ₹10 per share (face value ₹5 + premium ₹5), aggregating up to ₹2,902.92 Lakhs. Eligible shareholders on the record date (May 22, 2026) are entitled to 2 equity shares for every 1 share held. The issue opens on June 2, 2026 and closes on June 10, 2026. Shareholders who do not apply or renounce their rights will have their entitlements lapse and face dilution.
Existing shareholders face potential ownership dilution if they do not participate in or renounce their rights entitlements. The rights issue provides an opportunity to maintain their stake at ₹10 per share, but requires additional capital outlay.