Rights issue re-approved to raise up to Rs 14.50 crore

Fund Raising View source PDF Explain this filing

LIBAS · price

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Price reactionminutes from the announcement price · days from the prior close

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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+0.1% vs market

Garments & Apparels peers, median of 41sector-0.3%+0.2% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.2 pts more than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 41Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Libas Consumer Products board re-approved a rights issue of equity shares worth up to Rs 14.50 crore. The earlier approval on June 2, 2026 lapsed as the company could not file the draft offer letter with NSE within the 23 working day SEBI deadline. The board appointed Brickwork Ratings as monitoring agency and formed a rights issue committee. Eligible shareholders as on the record date (to be notified later) can subscribe.

Likely market impact

Fresh equity dilution ahead for existing shareholders as company restarts its up to Rs 14.5 crore rights issue process.