Announced Thu, 2 Jul · 19:07 IST
Board meeting on July 8 to finalise Rights Issue terms
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
-2.4%1-day move
₹10.19
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.4-6.8-6.8-2.2-0.9-1.9-7.8———
Up moveDown movePending
AI summary
The Board will meet on July 8, 2026 to finalise terms of a Rights Issue of equity shares (face value Rs 10) for up to Rs 800 lakhs (around Rs 8 crore). The agenda includes the issue price, entitlement ratio, record date, payment mechanism and timing. This follows the Board's approval on July 2 for the Rights Issue to eligible shareholders.
Likely market impact
Potential equity dilution for existing shareholders; stock may react when issue price is announced