Announced Mon, 15 Jun · 18:16 IST
Corrigendum to Rights Issue Letter of Offer - Revised Share Count
Compliance View source PDF
RELTD · price
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Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹146.27
prior close
₹146.94
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6-0.1+0.1+0.1+0.8-0.9+14.9+10.4+8.4+10.4+22.5+20.9——
Up moveDown movePending
AI summary
Ravindra Energy published a corrigendum to its Rights Issue Letter of Offer in Indian Express, Vijay Vani, and Business Standard. The corrigendum revises Rights Equity Shares from 19,328,384 to 19,854,940 and Issue Size from Rs 2,003.12 million to Rs 2,005.35 million, due to elimination of fractional entitlements. Price remains Rs 101 per share (Rs 10 face + Rs 91 premium) in 1:9 ratio. Record date was June 8, 2026.
Likely market impact
Eligible shareholders will receive slightly more rights shares due to fractional entitlement adjustment. Issue size increased marginally.