Announced Wed, 28 Oct, 2026 · 19:05 IST

Letter of Offer approved for 1-for-5 rights issue at Rs30

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

The Rights Issue Committee approved the Letter of Offer for up to 34,08,684 equity shares at Rs30 each, including a Rs20 premium. Eligible shareholders may apply in a 1-for-5 ratio, with a record date of October 30, 2026. The issue runs November 6-26 and seeks about Rs10.23 crore.

Likely market impact

Eligible holders can subscribe to protect their stake. Those who do not participate may face dilution; the funds could support business growth.