Outcome of Board Meeting
SILGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.5 pts less than Nifty Microcap 250 and 5.7 pts less than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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).
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.