Outcome of the Meeting of Rights Issue Committee.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arunis Abode Limited (formerly associated with scrip code 526935 / ARUNIS) has completed the allotment of its previously announced rights issue. A total of 4,80,00,000 (4.8 crore) fully paid-up equity shares of face value Rs. 10 each were allotted at an issue price of Rs. 12.60 per share, including a premium of Rs. 2.60 per share, aggregating up to Rs. 6,048 lakhs (~Rs. 60.5 crore). The issue opened on 3rd September 2025 and closed on 11th September 2025, with allotment finalised on 12th September 2025. As a result, the company's paid-up equity share capital increased sharply from 30,00,000 shares (Rs. 3 crore) to 5,10,00,000 shares (Rs. 51 crore), a roughly 17-fold expansion of the share base.
This is a massive dilution event — the share count rose from 30 lakh to 5.1 crore shares. Shareholders who did not subscribe to their rights entitlement will see their stake diluted significantly, while earnings per share and any per-share metrics will be mechanically reduced going forward. New capital of up to Rs. 60.5 crore will be raised, which could be used for business expansion or debt reduction depending on the company's plans.