Intimation of Record Date for the Rights Entitlements to be credited for the purpose of Rights Issue
Price
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Awaiting price reaction for this filing.
The Board of Directors of Rajnish Wellness Limited, at its meeting held on May 28, 2025, has fixed Tuesday, June 03, 2025 as the record date to identify eligible equity shareholders who will receive Rights Entitlements for the upcoming Rights Issue. The company has made arrangements with NSDL and CDSL to credit these Rights Entitlements in dematerialized form into the demat accounts of eligible shareholders prior to the issue opening date. This intimation is filed in compliance with SEBI's Listing Obligations and Disclosure Requirements Regulations and Issue of Capital and Disclosure Requirements Regulations. The terms of the rights issue itself (such as ratio, price, or discount) are not disclosed in this particular filing.
Shareholders holding equity shares of Rajnish Wellness as on June 03, 2025 will be eligible to receive Rights Entitlements and participate in the upcoming Rights Issue. Existing investors should be prepared for potential dilution and may need to allocate additional capital if they wish to subscribe. The stock may see short-term price pressure as the record date approaches, depending on the issue terms which are yet to be announced.