G S Auto International Limited has formally closed the subscription period for its rights issue on Wednesday, June 10, 2026, after banking hours.
The rights issue involved offering up to 2,90,29,160 (Two Crore Ninety Lakhs Twenty-Nine Thousand One Hundred Sixty) partly paid-up equity shares of face value ₹5.00 each at an issue price of ₹10.00 per share. This represents an aggregate amount of up to ₹2902.92 lakhs.
The issue was made on a rights basis to existing equity shareholders in the ratio of 2 Rights Equity Shares for every 1 fully paid-up equity share held as of the record date, which was Friday, May 22, 2026.
Key Issue Details:
- Number of securities offered: 2,90,29,160
- Number of rights entitlements traded: 2,90,29,160
- Issue opening date: Tuesday, June 02, 2026
- Issue closing date: Wednesday, June 10, 2026
The company confirmed that unused Rights Entitlements will lapse after the closure of the Rights Issue Subscription period.
The rights issue was conducted in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and SEBI Master Circular bearing reference number HO/49/14/14(2)2026-CFD-POD2/I/4518/2026, dated February 09, 2026, including all statutory modifications and amendments.
The intimation was signed by Jasmine Kaur, Company Secretary & Compliance Officer, on June 10, 2026 at 17:04:14 from Ludhiana.