Stallion India Fluorochemicals Limited has informed the Exchange regarding Outcome of Committee Meeting held on March 02, 2026.
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Awaiting price reaction for this filing.
Stallion India Fluorochemicals has allotted 3,67,60,483 fully paid-up equity shares of Rs. 10 face value each on a rights basis at Rs. 99 per share. The ratio was 19 rights shares for every 41 existing shares held, with a record date of 11th February 2026. Post-allotment, the company's paid-up equity share capital stands at 11,60,85,737 shares (Rs. 116.09 crore). The filing is a revised version of an earlier intimation that incorrectly mentioned the face value as Re. 1 instead of Rs. 10. Lapsed rights entitlements have also been extinguished and the corresponding ISIN deactivated.
The rights issue is now fully allotted, increasing the share count and diluting existing shareholders proportionally. With the issue price of Rs. 99 being above the Rs. 10 face value, shareholders who participated paid a premium. Investors should note the expanded share base for future earnings per share calculations.