Nature of the Disclosure
This is a regulatory filing pursuant to SEBI Listing Regulations (Reg. 30) to inform the exchange of the outcome of a Board of Directors meeting held on August 21, 2026, concerning a proposed rights issue.
Key Quantitative Figures
- Instrument: Fully paid-up Rights Equity Shares with a face value of ₹1 each.
- Right Issue Size: ₹4,994.86 Lakhs (₹49.95 Crores).
- Number of Shares: 49,94,86,400 Equity Shares.
- Issue Price: ₹1 per Equity Share (including a premium of ₹Nil).
- Rights Entitlement Ratio: 7 (Seven) new Equity Shares for every 15 (Fifteen) existing shares held.
Terms and Modalities
- Payment Term: The full application amount is payable on the day of application.
- Dematerialized Entitlement: Necessary arrangements have been made with NSDL & CDSL to credit the Right Entitlement in the demat accounts of eligible shareholders before the issue opens.
Regulatory Filings and Documents
The Board considered and approved the Letter of Offer (dated August 21, 2026), the Abridged Letter of Offer (ALOF), Rights Entitlement Letter (REL), and Composite Application Form (CAF) for filing with SEBI and BSE Limited.
Parties Involved
- Regulators/Authorities: Securities and Exchange Board of India (SEBI), BSE Limited.
- Depositories: National Securities Depository Limited (NSDL), Central Depository Services (India) Limited (CDSL).
Capital Structure Impact
The issuance of 49,94,86,400 new equity shares will result in a significant increase in the company's paid-up share capital. The specific pre- and post-issue share capital figures are not disclosed in this filing.
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