Jindal Capital Limited announced the outcome of its Board Meeting held on November 02, 2026, wherein the Board approved a rights issue of equity shares. The disclosure is made pursuant to Regulations 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Terms of the Rights Issue:
Security Type: Fully paid-up equity shares of face value ₹10 each ("Rights Equity Shares")
Issue Type: Rights Issue under Chapter III of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Section 62(1)(a) of the Companies Act, 2013
Number of Shares: 1,08,12,149 (One Crore Eight Lakh Twelve Thousand One Hundred and Forty Nine) Rights Equity Shares
Issue Price: ₹15 per Rights Equity Share, including a premium of ₹5 per share
Issue Size: Up to ₹16,21,82,235 (Rupees Sixteen Crore Twenty-One Lakh Eighty Two Thousand Two Hundred and Thirty Five only), approximately ₹1,621.82 lakhs, assuming full subscription
Rights Entitlement Ratio: 3 Rights Equity Shares for every 2 fully paid-up equity shares held by Eligible Equity Shareholders as on the Record Date
Record Date: Friday, November 06, 2026, for determining eligible shareholders
Payment Terms: Entire amount of ₹15 per Rights Equity Share payable on application
Pre-Issue Share Capital: 72,08,100 equity shares of ₹10 each
Post-Issue Share Capital: 1,80,20,249 equity shares of ₹10 each (assuming full subscription)
Rights Entitlement ISIN: INE356F20017
Renunciation: Rights Entitlements are renounceable, either on-market through the stock exchange or by off-market transfer
Important Dates:
- Last date for credit of Rights Entitlements: Monday, November 09, 2026
- Issue Opening Date: Tuesday, November 17, 2026
- Last date for On Market Renunciation: Thursday, November 26, 2026
- Date of Closure of Off Market Transfer: Monday, November 30, 2026
Fractional Entitlements:
Fractional entitlements will be ignored in the computation of Rights Entitlement. However, shareholders whose fractional entitlements are ignored will be given preferential consideration for allotment of one Additional Rights Equity Share each if they apply for Additional Rights Equity Shares over and above their Rights Entitlement.
Additional Approvals:
The Board approved and adopted the Letter of Offer dated November 02, 2026, the Application Form (CAF), and other Issue materials. These will be filed with BSE Limited and SEBI and dispatched to Eligible Equity Shareholders as on the Record Date.
Meeting Details:
The Board meeting commenced at 04:45 PM (IST) and concluded at 05:52 PM (IST) on November 02, 2026.