Fixation of Record date for Rights Issue
ESSENTIA · price
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Integra Essentia Ltd has approved a Rights Issue of fully paid-up equity shares with face value ₹1 each, for an aggregate amount not exceeding ₹9,970 Lakhs (₹99.7 crore). The issue price is ₹1.45 per share (including ₹0.45 premium). The Rights Entitlement ratio is 161:250, meaning shareholders will receive 161 rights shares for every 250 shares held. The record date is May 20, 2026, with the issue opening on May 29, 2026 and closing on June 10, 2026. Assuming full subscription, outstanding shares will increase from approximately 106.77 crore to 175.53 crore shares, representing significant dilution of around 64%.
Existing shareholders will see substantial dilution as the share count increases by 64%. Those who do not subscribe to their entitlements will experience significant ownership reduction. The rights issue price of ₹1.45 represents a discount to the likely current market price, which could impact sentiment for non-participating shareholders.