Newspaper advertisement of extract of notice of oepning of Rights Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pulsar International Limited has announced the opening of a Rights Issue of up to 3,56,95,00,000 fully paid-up equity shares of face value Re. 1.00 each at an issue price of Re. 1.00 per share (i.e., at par), aggregating up to Rs. 35.695 crores. The issue is being offered to existing equity shareholders in the ratio of 5 rights shares for every 1 share held as on the record date of 22nd December 2025. The issue opens on 31st December 2025 and closes on 19th January 2026, with the last date for market renunciation being 13th January 2026. Applications must be made through the ASBA process, and the rights entitlement will be credited in dematerialised form only.
Eligible shareholders as on the record date get the right to subscribe to 5 additional shares for every 1 held at face value. Since the issue price equals the face value, there is no premium dilution but significant share count expansion (up to 5x) could occur if fully subscribed, leading to share price adjustment post-listing.