Announced Thu, 30 Apr · 21:29 IST

Revision in outcome of Rights Issue Committee Meeting dated Thursday, April 23, 2026.

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹71.20
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-9.4-8.7-10.1-7.3-7.1+13.8+35.3+83.5
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AI summary

Innovassynth Technologies (India) Ltd has filed a rectification to correct an inadvertent error in the share count disclosed in the outcome of its Rights Issue Committee Meeting held on April 23, 2026. The corrected outstanding equity shares prior to the Rights Issue are 7,54,49,316 (≈7.54 crore) fully paid-up equity shares of ₹10 each. Post Rights Issue (assuming full subscription), the count rises to 9,28,60,696 (≈9.29 crore) equity shares. The XBRL filing does not require revision, and all other terms and conditions of the Rights Issue remain unchanged.

Likely market impact

This is a routine clerical correction with no material change to the Rights Issue terms. Shareholders should note the corrected share capital figures, which indicate an increase of approximately 1.74 crore shares if fully subscribed.