Outcome of Meeting of the Right Issue Committee of the Company
Price
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Rajnish Wellness Limited has completed the allotment of its Rights Issue, with the Rights Issue Committee approving the issuance of 24,68,73,025 (approximately 24.69 crore) equity shares on August 20, 2025. The shares were allotted at a price of ₹1 per share, which is the same as the face value, raising a total of about ₹24.69 crore. The allotment was done per the Letter of Offer dated May 31, 2025, in consultation with BSE and the Registrar to the Issue. The committee meeting started at 7:15 PM and concluded at 7:30 PM.
Shareholders who did not subscribe to the rights issue may see their stake diluted, while those who subscribed have received additional shares at face value. Since the issue was priced at par (no discount), existing investors did not get any pricing benefit but the dilution impact is moderate given the issue size relative to typical rights issues.