Announced Wed, 1 Apr · 11:28 IST
Rights Issue at Rs 10/share; ratio 23:3; record date April 8, 2026
Corporate Actions View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.6%1-day move
₹12.16
prior close
₹12.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-8.3-8.3-8.3-8.3-9.6-5.2-5.0-12.2-7.8+1.6+18.0+23.3+3.7-3.5
Up moveDown movePending
AI summary
Gravity India's Rights Issue Committee approved issuing 6.90 crore equity shares at Rs 10 each (par value) to raise ~Rs 69 crore. Entitlement ratio is 23 shares for every 3 held. Record date: April 8, 2026. Issue opens April 27, 2026 and closes May 25, 2026. Share count will grow from 90 lakh to 7.80 crore on full subscription.
Likely market impact
Heavy dilution (~7.7x share count increase) priced at par. Eligible shareholders must hold shares by April 8 record date to participate.