Natco Pharma announces rights issue at Rs 750 per share
NATCOPHARM · price
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On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and 0.6 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Natco Pharma board has approved a rights issue in ratio 2:21 at Rs 750 per share (face value Rs 2, premium Rs 748). Total issue size about Rs 1,279 crore for 1.7 crore shares. Record date October 1, 2026. Issue opens October 12 and closes October 22, 2026.
Dilution for non-subscribing shareholders. Existing holders get priority to maintain stake at the issue price.