This is in furtherance to the meeting of the Board of Directors of the Company held on Thursday, November 27, 2025, approving the issue of equity shares of the Company on rights basis to ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 0.9 pts more than its Tour, Travel Related Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Travels & Rentals Limited's board, at its meeting on January 21, 2026, finalized the terms of its proposed rights issue first approved on November 27, 2025. The company will issue 1,12,02,685 fully paid-up equity shares at ₹15 each (face value ₹10, premium ₹5), aggregating to about ₹16.80 crores assuming full subscription. The entitlement ratio is 1:1, meaning every eligible shareholder gets 1 rights share for every 1 share already held. The record date to determine eligible shareholders is January 28, 2026, with the issue opening on February 5, 2026 and closing on March 6, 2026. If fully subscribed, the total share count will double from 1.12 crore to 2.24 crore shares.
Existing shareholders must hold shares by January 28, 2026 to be eligible. Full subscription will double the share count, leading to significant dilution unless the new capital generates proportionate value. Shareholders will need to invest additional funds (₹15 per share held) or renounce their rights by the respective renunciation dates.