Vineet Laboratories allots 99.87 lakh equity shares under rights issue
VINEETLAB · price
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Vineet Laboratories Rights Issue Committee approved allotment of 99,87,258 equity shares at Rs.30 per share (face value Rs.10, premium Rs.20) on February 2, 2026. The issue, based on the Letter of Offer dated December 17, 2025, raises paid-up share capital from 92.19 lakh shares (Rs.9.22 crore) to about 1.92 crore shares (Rs.19.21 crore), roughly doubling the share count. Bigshare Services is the registrar; BSE is the designated stock exchange.
Share count roughly doubles. Existing shareholders had right to subscribe; capital raised strengthens equity base but dilutes proportional holding.