Announced Wed, 17 Jun · 18:42 IST
Correction to Rights Issue Letter of Offer - Renunciation date updated
Corporate Actions View source PDF
SUMEETINDS · price
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Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹25.74
prior close
₹25.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+0.5+0.5+0.1+0.9+5.4+6.4+6.3+5.9+10.2+23.3+36.9——
Up moveDown movePending
AI summary
Sumeet Industries has issued a corrigendum to its Rights Issue Letter of Offer dated June 8, 2026. The correction fixes a typo: the last date for Market Renunciation should be July 15, 2026, not July 16, 2026. The Rights Issue involves up to 16.84 crore equity shares at Rs 11.86 each (ratio 8:25), aggregating up to Rs 199.75 crores. No other changes to the issue terms.
Likely market impact
Minor correction only. Investors should note the correct Market Renunciation deadline of July 15, 2026. No change to issue size or terms.