Natco Pharma approves up to INR 1,300 crore rights issue and demerger changes
NATCOPHARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty Smallcap 250 and 0.3 pts more 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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On September 9, 2026, the board approved a rights issue of fully paid equity shares of face value INR 2 each, raising no more than INR 1,300 crore from eligible shareholders. The issue price, entitlement ratio, number of shares, use of funds and record date are not yet set. After completion, Natco will amend its crop health demerger scheme while maintaining the existing share swap ratio.
Shareholders may need to contribute cash, while others may see ownership shrink. Price, entitlement ratio and use of funds are not yet known.