Intimation under Regulation 30- Approval of terms and conditions of the Proposed Rights Issue, including the Issue Price, Rights Entitlement Ratio, Record Date, Issue Schedule and other related terms and conditions.
NDTV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 2.9 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NDTV has informed the stock exchanges that its Board/committee has approved the key terms of a proposed rights issue, including the issue price, rights entitlement ratio, record date, and issue schedule. A rights issue allows existing shareholders to buy additional shares in proportion to their current holding, usually at a discount to the market price. The exact pricing, ratio, and timeline will be disclosed in the formal letter of offer that follows. Shareholders need to watch for the record date to know if they are eligible to participate.
A rights issue can dilute existing shareholdings if shareholders do not subscribe. It may also indicate the company is raising fresh capital, which could be positive if used for growth but negative if used to address financial stress.