Announced Fri, 6 Nov, 2026 · 17:02 IST
Board approves draft rights issue offer worth up to Rs 15 crore
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved the draft offer for a rights issue of partly paid shares to eligible shareholders, raising up to Rs 15 crore if everyone subscribes and pays all later amounts. Shareholders had already approved the issue on August 16. The draft goes to BSE for preliminary approval. The price, entitlement ratio, payment schedule and record date will be decided later.
Likely market impact
Eligible shareholders may need to invest more cash. Non-participants could see their ownership share fall; price and entitlement ratio are not yet set.