Key Financial Disclosures
Type of Issue: Rights Issue
Type: Rights Issue of Equity Shares
Amount to be Raised: ₹12,537.11 lakhs (₹125.37 crore)
Purpose of Proceeds: Not specified in the document
Terms and Structure of the Issue
Face Value: ₹5 per equity share
Issue Price: ₹50 per Rights Equity Share (including a premium of ₹45 per share)
Entitlement Ratio: 3 rights Equity Shares for every 5 fully paid-up Equity Shares held
Total Number of Equity Shares: 2,50,74,226 fully paid-up Equity Shares
Record Date: Thursday, August 06, 2026
Rights Issue Opening Date: Friday, August 14, 2026
On-market Renunciation Period: August 14, 2026 to August 18, 2026
Rights Issue Closing Date: Friday, August 21, 2026 (subject to extension not exceeding 30 days from opening)
ISIN for Credit of Dematerialized Rights Entitlement: INE727B20018
Fractional Entitlement Treatment: Fractional entitlements are ignored. Shareholders with fractional entitlements or holding less than 5 shares get preferential consideration for one additional share if they apply for additional shares, subject to availability.
Outstanding Equity Shares:
- Prior to Rights Issue: 4,17,90,377 shares
- Post Rights Issue (assuming full subscription): 6,68,64,603 shares
Board/Committee Decisions
Decisions made by the Rights Issue Committee: Approved all terms of the Rights Issue including instrument type, total number of shares, issue size, rights issue price, record date, entitlement ratio, issue dates, and treatment of fractional entitlements
Strategic Impact: The issue will increase the company's equity capital base from approximately 4.18 crore shares to 6.69 crore shares (assuming full subscription)
Other Noteworthy Updates
- Rights Entitlement on Equity Shares under dispute, court proceedings, transmission, or in demat suspense accounts will be held in abeyance
- The meeting of the Rights Issue Committee commenced at 3:00 PM and concluded at 5:10 PM on July 31, 2026
- The company will follow all terms and conditions as included in the Letter of Offer