New Delhi Television Limited has informed the Exchange that Board of Directors at its meeting held on September 08, 2025, has decided to issue equity shares on rights basis in the ratio of 3 (Three) Equity Shares for every 4 (Four) Equity Shares held on the Record Date. Issue Price is Rs. 82 per share.
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New Delhi Television Limited has informed the exchange that its Board of Directors, at a meeting held on September 08, 2025, approved issuing equity shares on a rights basis. The issue will be in the ratio of 3 equity shares for every 4 equity shares held by shareholders as on the record date. The issue price has been fixed at Rs. 82 per share. This means eligible shareholders will get an opportunity to subscribe to additional shares in proportion to their current holding. The record date to determine eligible shareholders will be announced separately by the company.
A rights issue can lead to dilution of existing shareholding as new shares are issued, but it also allows current shareholders to maintain their proportional ownership by subscribing. Investors should evaluate whether to invest additional capital at Rs. 82 per share based on their view of the company's valuation and need for funds.