SILGONSESilgo Retail LimitedHighNeutral
Announced Tue, 30 Dec · 19:18 IST

Outcome of Board Meeting

Fund Raising View source PDF

SILGO · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Silgo Retail Limited's Board has finalised the terms of a Rights Issue of partly paid-up equity shares worth up to ₹4,428.82 Lakhs (around ₹44.29 crore). The issue will offer up to 73,81,359 shares at ₹60 per share (₹10 face value plus ₹�50 premium), with shareholders paying ₹30 on application and the remaining ₹30 on future calls as decided by the Board. The ratio is 3 rights shares for every 10 shares held. The record date is January 5, 2026, with the issue opening on January 14, 2026 and closing on February 4, 2026. Post-issue, total outstanding shares would rise from about 2.46 crore to around 3.20 crore (assuming full subscription).

Likely market impact

Existing shareholders need to decide whether to subscribe by February 4, 2026 to maintain their proportionate holding; non-participation will result in dilution. The partly paid-up structure means only half the money (₹30 per share) is needed upfront, lowering the immediate cash burden but adding uncertainty around future calls.