Nature of the Disclosure

Regulatory filing pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, regarding the outcome of a Board Meeting held on June 2, 2026, approving a rights issue of equity shares.

Key Quantitative Figures

  • Total securities to be issued: 48,04,50,000 (48.045 crore) Equity Shares of face value ₹1.00 each
  • Issue amount: ₹48,04,50,000 (₹48.045 crore)
  • Issue price: ₹1.00 per equity share
  • Outstanding equity shares pre-issue: 16,01,50,000 (16.015 crore) equity shares of ₹1.00 each
  • Outstanding equity shares post-issue (full subscription): 64,06,00,000 (64.06 crore) equity shares of ₹1.00 each
  • Rights entitlement ratio: 3 Equity Shares for every 1 existing Equity Share held

Parties Involved

  • Issuer: Consecutive Commodities Limited (formerly Consecutive Investments & Trading Company Limited, CIN: L67120WB1982PLC035452)
  • Stock exchanges notified: BSE Limited (Scrip Code: 539091) and Calcutta Stock Exchange Limited (Scrip Code: 013160, Security Id: CCDL)
  • Regulatory bodies: SEBI (for record purpose)

Terms of the Issue

  • Security type: Fully paid-up Equity Shares (Rights Equity Shares)
  • Payment terms: Entire ₹1.00 per share payable on application. The board retains sole discretion to determine subsequent calls.
  • Renunciation: Rights entitlements are renounceable through on-market mechanism until July 1, 2026.
  • Other terms: To be specified in the Letter of Offer to be filed with BSE and SEBI.

Capital Structure Impact

Upon full subscription, the company's equity share capital will increase from 16.015 crore shares to 64.06 crore shares, representing significant dilution for non-participating shareholders.