This disclosure informs about the outcome of the Rights Issue Committee meeting held on November 03, 2026. The Committee considered and approved the Basis of Allotment for the company's Rights Issue.
The Committee approved the allotment of 83,64,036 Rights Equity Shares (Partly Paid-up) of face value ₹10 each. These shares were issued at ₹15 per share, including a premium of ₹5 per equity share. An application money of ₹3.75 per Rights Equity Share has been received, comprising ₹2.50 towards face value and ₹1.25 towards premium.
The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, BSE Limited, and was approved by them via email dated November 02, 2026.
Financial Impact & Capital Structure Change
As a result of this allotment, the company's paid-up equity share capital has increased:
- Previous Capital: ₹45,53,62,560 comprising 4,55,36,256 fully paid-up equity shares of ₹10 each
- New Capital: ₹53,03,95,890 comprising 5,30,39,589 fully paid-up Equity Shares and 8,60,703 partly paid-up (₹2.50 paid-up) Equity Shares
Meeting Details
The Rights Issue Committee meeting was held on November 03, 2026, commencing at 4:30 PM and concluding at 5:30 PM.