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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Pulsar International Ltd's Board of Directors, at a meeting held on 16th October 2025, approved a Rights Issue of equity shares of face value Re. 1 each to existing eligible shareholders. The total issue size will aggregate up to Rs. 36.00 Crores. Prior to the issue, the company has 7,13,90,000 (about 7.14 crore) outstanding equity shares. The Rights entitlement ratio, exact issue price, and other detailed terms will be disclosed in the Letter of Offer sent to eligible shareholders. The record date is yet to be determined by the Board. A Rights Issue Committee has also been formed to handle related matters.
Existing shareholders will get an opportunity to subscribe to additional shares in proportion to their current holdings, which could lead to share dilution if they do not participate. The Rs. 36 Crore fundraise, if fully subscribed, will strengthen the company's capital base, though specific use of proceeds has not been disclosed.