BSEGravity India Ltd-$MediumNeutral
Announced Wed, 1 Apr · 11:33 IST

Intimation of Record Date for the Credit of Rights Entitlements

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-9.6%1-day move
₹12.16
prior close
₹11.56
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.6-5.2-5.0-12.2-7.8+1.6+18.0+23.3+3.7-3.5
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AI summary

Gravity India Ltd has fixed Wednesday, 8th April 2026 as the record date for determining shareholders entitled to receive Rights Entitlements for an upcoming Rights Issue. The company has made arrangements with NSDL and CDSL to credit the Rights Entitlements in dematerialized form to eligible shareholders' demat accounts before the issue opening date. This announcement is in compliance with SEBI regulations (Regulation 42 of LODR and Regulation 68 of ICDR). The specific pricing, discount, and ratio details of the rights issue have not been disclosed in this filing.

Likely market impact

Shareholders who hold shares as of 8th April 2026 will be eligible to receive rights shares in the upcoming issue. This record date announcement signals an imminent equity raise, which could have dilutive effects depending on the issue size and pricing.