Key Financial Disclosures
Type of Issue: Rights Issue of partly paid-up equity shares
Amount to be Raised: ₹ 9,99,73,61,955 (approximately ₹1000 crores assuming full subscription and payment of call monies)
Purpose of Proceeds: Not explicitly stated in the document
Terms and Structure of the Issue
Face Value: ₹10 per equity share
Issue Price: ₹27 per Rights Equity Share (including a premium of ₹17 per share)
Payment Structure:
- On Application: ₹16.20 (₹6 face value + ₹10.20 premium) - 60% of Issue Price
- First and Final Call: ₹10.80 (₹4 face value + ₹6.80 premium) - 40% of Issue Price
- Expected completion of final call on or prior to October 31, 2027
Entitlement Ratio: 2 Rights Equity Shares for every 25 fully paid-up Equity Shares held on record date
Total Number of Shares: 37,02,72,665 Rights Equity Shares
Outstanding Equity Shares:
- Prior to Rights Issue: 4,62,84,08,313 equity shares
- Post Rights Issue (assuming full subscription): 4,99,86,80,978 equity shares
Board/Committee Decisions
Decisions made by the Board:
- Approved terms of Rights Issue including price, structure, and timing
- Set Record Date: October 13, 2026
- Approved Letter of Offer for filing with SEBI, BSE, and NSE
- Retained right to change payment schedule timing based on business requirements
Issue Timeline:
- Record Date: October 13, 2026
- Issue Opening Date: October 22, 2026
- Last Date for On-Market Renunciation: October 26, 2026
- Issue Closing Date: October 30, 2026
- Board may extend issue period up to 30 days from opening date
Other Noteworthy Updates
ISIN for Rights Entitlement: INE0LXG20016
Meeting Details: Commenced at 05:02 PM IST and concluded at 05:30 PM IST on October 07, 2026
Document Reference: Filed under Regulation 30 and 42 of SEBI Listing Regulations
Additional Information: Fractional entitlements and other terms to be included in the Letter of Offer