Board approves 1-for-1 rights issue at Rs 80 per share
URBAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250, 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.
The board approved up to 86.60 lakh fully paid shares at Rs 80 each, including a Rs 70 premium over face value, on a 1-for-1 basis. The issue size is Rs 69.28 crore if fully subscribed. The record date is October 28, 2026; the issue opens November 4 and closes November 18, 2026.
Eligible holders can subscribe at Rs 80 for each share held. If others subscribe while they do not, their ownership percentage may fall.