Announced Wed, 24 Jun · 22:56 IST
Board to consider fund raising via Rights Issue on July 1, 2026
Fund Raising View source PDF
SHIVAMAUTO · price
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Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹16.83
prior close
₹17.37
base price
After-mkt
timing
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-2.1-2.1-2.2-2.2-2.9-4.0-3.7+0.9+5.9+16.7+3.5+3.4——
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AI summary
Shivam Autotech has informed BSE that its Board of Directors will meet on Wednesday, 01 July 2026 to consider and approve raising funds by issuing fully paid up equity shares through a Rights Issue to eligible shareholders. The Board will also decide on the size of the issue, may set up a special committee, and consider any other matter with the chairpersons approval. The issue will follow SEBI ICDR Regulations and require regulatory approvals.
Likely market impact
Potential dilution for shareholders if they do not subscribe. Rights issue terms and pricing to be decided at the board meeting.