Announced Wed, 24 Jun · 16:51 IST

Board meeting on 29 June to consider Rights Issue of equity shares

Corporate Actions View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹46.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-5.6-3.3-4.3-2.2-4.1+0.0-7.8-9.8
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AI summary

Milgrey Finance and Investments has informed BSE that its Board will meet on 29 June 2026 to consider raising funds through a Rights Issue of equity shares to existing shareholders, under the Companies Act 2013 and SEBI ICDR Regulations. No pricing details, ratio, or record date have been disclosed yet.

Likely market impact

A Rights Issue may dilute existing shareholdings if not fully subscribed. The actual impact depends on issue price, ratio, and discount, which are awaited.