Fresita Proteins fixes Rs 897.59 crore rights issue terms
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The board approved 74,79,917 fully paid shares at Rs 120 each, raising up to Rs 897.59 crore. Eligible shareholders may subscribe to 5 new shares for every 6 held on October 30, 2026. The issue opens November 12 and closes November 26. With full subscription, outstanding shares would rise from 89,75,900 to 1,64,55,817.
Eligible holders must apply or sell their rights by November 26. Non-participating holders may face dilution; full subscription would raise Rs 897.59 crore.