Newspaper Advertisement for post issue basis of allotment in the matter of Rights Issue of Equity Shares
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Awaiting price reaction for this filing.
Pulsar International Ltd has informed BSE that it published a newspaper advertisement on 25th January 2026 regarding the post-issue basis of allotment for its rights issue. The company issued 35,69,50,000 (35.7 crore) equity shares at a price of Re. 1 per share, making the total issue size around Rs. 35.7 crore. The disclosure is being made under SEBI Listing Regulations and SEBI ICDR Regulations. The filing was signed by Managing Director Arvind Parmar on 27th January 2026. This is essentially a confirmation that the rights issue allotment process has been completed and disclosed publicly.
This is a routine post-allotment disclosure confirming completion of the rights issue process. Existing shareholders will see their shareholding adjusted based on what they subscribed to. The Re. 1 face value suggests a micro-cap or shell-type structure, and the very large number of shares issued at Re. 1 each means significant share count expansion, which dilutes per-share value. Investors should check the basis of allotment to see how their rights entitlement was fulfilled.