Post Issue Newspaper Advertisement with respect to Rights Issue
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Awaiting price reaction for this filing.
Scoobee Day Garments (India) Ltd has completed its Rights Issue and published the post-issue advertisement in Financial Express, Jansatta, and Kalakaumudi on October 27, 2025. The issue of up to 45 lakh equity shares at ₹90 each (₹10 face value + ₹80 premium) in a 1:3 ratio received 396 applications for 34,34,683 shares, of which 247 applications for 14,655 shares were rejected on technical grounds. A total of 34,20,028 shares were allotted to 149 valid applicants, achieving 76% subscription of the issue size. Shareholders got 23,87,010 shares while renouncees received 10,33,018 shares, raising approximately ₹30.78 crore.
The rights issue was undersubscribed at 76%, meaning the company raised about ₹30.78 crore against the maximum planned ₹40.5 crore, resulting in lower dilution than originally proposed. Allotted shares have been credited to demat accounts and trading is expected to begin on or before October 29, 2025, which may put short-term pressure on the stock price.