Key Financial Disclosures
Type of Issue: Rights Issue
Type: Rights Issue of Equity Shares
Amount to be Raised: ₹159,94,17,900 (Rupees One Hundred and Fifty Nine Crores Ninety Four Lakhs Seventeen Thousand and Nine Hundred)
Purpose of Proceeds: The document does not specify the purpose for which the proceeds will be used.
Terms and Structure of the Issue
Face Value: ₹2 per equity share
Issue Price: ₹150 per Rights Equity Share
Premium/Discount to Market Price: The issue price includes a share premium of ₹148 per share.
Total Number of Securities Issued: 1,06,62,786 fully paid-up Equity Shares
Board/Committee Decisions
Decisions made by the Board: The Board of Directors, at its meeting held on May 25, 2026, considered and approved the allotment of the rights shares.
Impact on Capital Structure: The allotment has increased the company's paid-up equity share capital.
- Paid-up share capital (Pre-Rights Issue): 13,72,83,376 shares amounting to ₹27,45,66,752
- Paid-up share capital (Post-Rights Issue): 14,79,46,162 shares amounting to ₹29,58,92,324
Other Noteworthy Updates
The meeting of the Board of Directors commenced at 6:15 p.m. (IST) and concluded at 6:30 p.m. (IST) on May 25, 2026.
The company's registered office is at 6th Floor, VB Capitol Building, Range Hill Road, Opp. Hotel Symphony, Bhoslenagar, Shivajinagar, Pune-411007, Maharashtra. Its CIN is L74110PN1984PLC216407.