Rights Issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.9 pts less than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board of Saboo Sodium Chloro Ltd, at its meeting on March 5, 2026, approved raising funds of up to Rs 55.96 crores through a rights issue of partly paid-up equity shares with a face value of Rs 10 each. The shares will be offered to existing eligible equity shareholders as on a record date, which is yet to be notified. Key terms such as issue price, entitlement ratio, and payment schedule are to be decided by the board later. The fund raise is subject to SEBI ICDR Regulations and other necessary statutory approvals.
Existing shareholders may see dilution if they do not subscribe to their entitlement, and the partly paid-up structure means the cash outflow is staggered rather than upfront. The stock may experience short-term price adjustment around the ex-rights date once the record date and terms are announced.