Announced Thu, 29 Oct, 2026 · 23:09 IST

Fresita Proteins opens Rs 89.76 crore rights issue at Rs 120 per share

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Fresita Proteins issued the Letter of Offer for up to 74,79,917 new shares at Rs 120 each, offering 5 shares for every 6 held by eligible shareholders. The issue can raise Rs 89.76 crore if fully subscribed. The record date is October 30, 2026; the issue opens November 12 and closes November 26. The last date to trade rights entitlements is November 20.

Likely market impact

Non-subscribing shareholders may be diluted. Subscribing requires cash; full participation would raise about Rs 89.76 crore and preserve ownership.