Continental Controls Limited Rights Issue Committee Meeting Disclosure

Committee Meeting Details

  • Meeting Date: October 8, 2026
  • Meeting Time: Commenced at 3:00 pm and concluded at 5:00 pm
  • Committee: Rights Issue Committee of the Board of Directors

Rights Issue Key Terms and Details

Security Details:

  • Type of security: Fully paid-up Equity Shares
  • Face value: ₹10 per share
  • Type of issuance: Rights Issue of fully paid-up Equity Shares

Issue Size:

  • Total number of Rights Equity Shares: 1,96,68,019 shares
  • Total issue size: ₹1966.80 lakhs (₹19.67 crore) assuming full subscription

Pricing and Payment Terms:

  • Rights Issue Price: ₹10.00 per Rights Equity Share
  • Payment Terms: Full amount of ₹10.00 payable on application

Record Date and Eligibility:

  • Record Date: October 14, 2026
  • Purpose: Determining equity shareholders entitled to receive rights entitlement ("Eligible Equity Shareholders")

Issue Timeline:

  • Rights Issue Opening Date: October 29, 2026
  • Last Date of On-Market Renunciation: October 30, 2026
  • Last Date of Off-Market Renunciation: November 4, 2026
  • Rights Issue Closing Date: November 5, 2026*

*The Board or duly authorized committee retains the right to extend the Issue period up to 30 days from the Issue Opening Date.

Rights Entitlement Ratio:

  • 16 Rights Equity Shares for every 5 Equity Shares held by Eligible Equity Shareholders
  • Rights are renounceable

Capital Structure Impact:

  • Outstanding Equity Shares prior to Rights Issue: 61,46,256 Equity Shares of ₹10 each
  • Outstanding Equity Shares Post Rights Issue (assuming full subscription): 2,58,14,275 Equity Shares of ₹10 each

Additional Committee Actions

The Rights Issue Committee adopted the Letter of Offer to be filed with BSE Limited and the Securities and Exchange Board of India. The Letter of Offer will be dispatched to Eligible Equity Shareholders of the Company as on the Record Date in due course.

Financial Impact

The rights issue aims to raise funds of up to ₹1966.80 lakhs (₹19.67 crore). The financial impact is quantified assuming full subscription.