Rights Issue Details
- Issue Type: Rights Issue
- Security: Partly paid-up equity shares of face value ₹1 each
- Total Shares: Up to 3,00,00,000 (3 crore) equity shares
- Issue Price: ₹15 per share (including share premium of ₹14 per share)
- Total Issue Size: ₹4,500 lakhs (₹45 crore)
- Rights Ratio: 3 Rights Equity Shares for every 8 fully paid-up equity shares held
- Record Date: Tuesday, September 15, 2026
Dispatch Completion Details
- Dispatch Date: September 17, 2026
- Total Shareholders: 52,901 eligible equity shareholders
- Email Dispatch: 48,018 shareholders (where email IDs were available)
- Physical Dispatch: 4,883 shareholders (via speed post where email IDs were not available)
- Documents Dispatched: Letter of Offer, Entitlement Letter along with application form
Parties Involved
- Registrar & Transfer Agent: MUFG Intime India Private Limited (confirmed completion of dispatch)
- Company Authorized Signatory: Rajan Singh, Company Secretary
- RTA Authorized Signatory: Sumit Dudani, Deputy Head–Primary Market
Financial Impact
The rights issue represents a potential equity capital increase of ₹45 crore. The financial impact on existing shareholders will depend on subscription levels and utilization of proceeds, though specific utilization details are not provided in this dispatch intimation.