Goblin India board approves Rs 31.50 Cr rights issue of equity shares
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.5 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.
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Goblin India board approved a rights issue of equity shares worth up to Rs 31.50 Crores to existing eligible shareholders as on a record date to be notified later. The issue price, entitlement ratio, and timing are yet to be decided by the newly formed Rights Issue Committee. Various intermediaries have been appointed, subject to regulatory and statutory approvals under SEBI ICDR Regulations.
Eligible shareholders get rights to buy extra shares; non-participation may lead to dilution. Terms and pricing still pending, affecting final impact.