Outcome of meeting of the Board of Directors of the Company approving the terms of issuance of equity shares of the Company (the'Rights Equity Shares').
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The Board of Healthy Life Agritec Ltd has approved the terms of a Rights Issue to raise up to ₹2,500 Lakhs by issuing up to 2,48,12,000 equity shares at ₹10 per share (face value ₹10), implying the shares are being issued at face value with no premium. The entitlement ratio is 1:1, meaning every shareholder on the record date will get the right to buy one additional share for every share held. The record date is fixed as Friday, September 26, 2025. The issue will open on October 7, 2025 and close on October 31, 2025. Assuming full subscription, the company's outstanding shares will double from 2,48,12,000 to 4,96,24,000 equity shares.
Eligible shareholders must ensure their shares are held in demat form by the record date (September 26, 2025) to receive the rights entitlement. Existing shareholders will need to invest additional capital to maintain their proportional ownership; otherwise their stake will be diluted by half. The issue pricing at face value suggests a meaningful discount to market price, but shareholders should watch for the Letter of Offer for final terms.