Please find enclosed Letter of Offer dated September 17, 2025 for the Right Issue.
Price
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Sunshield Chemicals Ltd has filed the Letter of Offer dated September 17, 2025 for its upcoming Rights Issue approved by the Rights Issue Committee. The company is offering up to 14,41,776 fully paid-up equity shares of face value ₹10 each at a price of ₹901 per share, which includes a premium of ₹891 per share, aggregating up to ₹12,990.41 lakhs (approx. ₹129.9 crore) on full subscription. Eligible shareholders can subscribe in the ratio of 10 rights shares for every 51 shares held as on the record date of Wednesday, September 24, 2025. The issue opens on September 30, 2025 and closes on October 24, 2025. Promoter of the company is Indus Petrochem Limited and Bigshare Services Private Limited is acting as the registrar to the issue.
Eligible shareholders must decide whether to subscribe to their rights entitlements, renounce them, or let them lapse by October 24, 2025. Non-participation will lead to dilution of their existing holdings as the company expands its share base to raise fresh capital.