Please find enclosed the extracts of the newspaper advertisements issued and published today, i.e., Thursday, May 21, 2026, in respect of the matters as specified under Regulation 92(1) ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Innovassynth Technologies (India) Ltd has published a post-issue advertisement for its Rights Issue of equity shares. The issue was priced at Rs. 40 per right equity share (including share premium of Rs. 30), aggregating up to Rs. 69.44 lakhs. The issue was offered in the ratio of 3 right equity shares for every 13 fully paid-up equity shares held. Based on the allotment details, the rights issue received 2,297 valid applications for 2,70,38,873 equity shares, and 1,74,11,380 equity shares were allotted to successful applicants. The total value of shares allotted was approximately Rs. 69.64 crores. Eligible equity shareholders received 1,72,55,478 shares while renouncees received 1,55,902 shares. Refunds of Rs. 25,91,195.72 are being processed for rejected applications. The equity shares will be credited to demat accounts on June 29, 2026.
The successful completion of the rights issue with near-full subscription indicates positive shareholder participation. Shareholders who participated will receive shares credited on June 29, 2026, and can trade them on BSE in dematerialised form. The capital raise strengthens the company's equity base.