G S Auto International's Rights Issue Committee approved terms for a ₹29.03 crore partly-paid equity share issuance.
The rights issue offers 2 new shares for every 1 existing share held at a price of ₹10 per share.
The record date for eligibility is set for May 23, 2026, following BSE's in-principle approval.
The issue will increase the company's equity capital from 1.45 crore to 4.35 crore shares if fully subscribed.