Announced Thu, 2 Jul · 13:22 IST
Board approves rights issue up to Rs 8 crore
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹10.14
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.3-1.9-6.3-6.3-1.7+1.4————
Up moveDown movePending
AI summary
Board approved a rights issue of equity shares (face value Rs 10) for up to Rs 800 lakhs (Rs 8 crore). Existing eligible shareholders can subscribe proportionally. Issue price, entitlement ratio and record date will be decided later. Subject to SEBI and other regulatory approvals.
Likely market impact
Potential equity dilution for existing shareholders; eligible shareholders can subscribe in proportion to their holding.