fixation of the brief terms of Right Issue
Price
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Awaiting price reaction for this filing.
Unison Metals Ltd's board has approved the terms of a Rights Issue of 1,37,32,286 fully paid-up equity shares at Rs. 25 per share (Rs. 10 face value + Rs. 15 premium), aggregating to about Rs. 34.33 crore. The entitlement ratio is 6 shares for every 7 shares held by eligible shareholders as of the record date of May 16, 2025. The issue opens on June 5, 2025 and closes on June 16, 2025. Post-issue, total outstanding shares will rise from 1.60 crore to 2.97 crore (assuming full subscription). The full issue amount is payable on application itself, with no deferred call.
Existing shareholders will need to decide whether to subscribe to their entitlement or let it lapse; non-participation would dilute their holding by roughly 86%. The issue price at Rs. 25 represents a premium over face value, and full upfront payment reduces execution risk but increases immediate cash outflow for subscribers.