The Meeting of Board of Directors of the Company was held on April 05, 2025 has considered and approved raising of Funds by way of issue of shares through Right Shares. Further the details ....
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The board of directors of Gautam Gems Ltd met on April 05, 2025 and approved raising of funds by issuing Right Shares to existing shareholders. A rights issue allows current shareholders to buy additional shares in proportion to their existing holdings, typically at a price lower than the prevailing market rate. The company has not yet disclosed the issue price, entitlement ratio, or record date in this update — these details are expected to follow in a separate letter of offer. Shareholders will need to watch for the record date to know if they are eligible to participate.
Existing shareholders may need to invest additional capital to maintain their stake in the company. If they choose not to participate, their holding percentage will be diluted. The stock may face short-term pressure depending on the discount at which rights are offered.