Newspaper publication of the pre-issue advertisement of the rights issue.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Innovassynth Technologies (India) Limited has published a pre-issue advertisement in newspapers confirming the dispatch of the Letter of Offer for its rights issue. The company is issuing 1,74,11,380 fully paid-up equity shares with a face value of ₹10 each at an issue price of ₹40 per share (including a premium of ₹30), aggregating to approximately ₹69.65 crore. The record date for eligible shareholders was April 29, 2026. The Board had approved the issue on March 27, 2026, and the Rights Issue Committee finalised the Letter of Offer on April 23, 2026. The advertisements were published on May 5, 2026 in Financial Express (English), Jansatta (Hindi), and Mumbai Lakshdeep (Marathi) — all national/regional dailies with wide circulation.
Existing shareholders who were eligible as of April 29, 2026 have received Rights Entitlement Letters and Application Forms. This is a compliance filing confirming the issue is proceeding as per SEBI ICDR regulations, with no immediate direct impact on the stock price beyond standard rights issue mechanics.