Rights issue terms approved at Rs 27 per share
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The committee approved 1,83,33,222 fully paid shares at Rs 27 each, raising up to Rs 49.50 crore. The entitlement is 1-for-1 for shareholders on the October 27 record date. The issue runs from November 16 to December 1, 2026. Full subscription would double outstanding shares to 3,66,66,444.
Eligible holders can buy one share per share held at Rs 27. Full participation avoids dilution; otherwise, their stake is halved if fully subscribed.