Stallion India Fluorochemicals Limited has informed the Exchange regarding Outcome of Board Meeting held on March 02, 2026.
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On the reaction day the stock moved 3.3 pts less than Nifty Microcap 250 and 4.8 pts less than its Industrial Gases peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Rights Issue Committee of Stallion India Fluorochemicals approved the allotment of 3,67,60,483 fully paid-up equity shares under a Rights Issue in the ratio of 19 shares for every 41 shares held. The issue price was set at Rs. 99 per share (face value Rs. 10) against a record date of 11th February 2026. Following the allotment, the company's paid-up equity share capital rises to 11,60,85,737 shares of Re. 1 each, totalling Rs. 1,16,08,57,370. The company also extinguished the lapsed rights entitlements and deactivated the related ISIN.
The rights issue is now fully allotted, expanding the share base and bringing in fresh capital. Existing shareholders who did not exercise their rights will see their effective stake diluted, while those who subscribed gain additional shares at Rs. 99 each.