Issue of 4,80,00,000 Right fully paid up Equity shares
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Markobenz Ventures Limited has approved a Rights Issue of 4.8 crore fully paid-up equity shares at ₹10.20 per share, aiming to raise approximately ₹48.96 crore assuming full subscription. The entitlement ratio is 5:2, meaning existing shareholders will be offered 5 new shares for every 2 shares they hold as of the record date of 28th May 2025. The Rights Issue opens on 10th June 2025 and closes on 25th June 2025. The company has filed the Letter of Offer and related documents with BSE and SEBI.
This is a significant dilutive issuance—roughly 2.5 new shares for every existing share—meaning existing shareholders who do not exercise their rights will see their ownership meaningfully reduced. Shareholders need to act before the closing date to maintain their proportional stake in the company.