Summary of Key Information:
Nature of Filing / Announcement: Outcome of Board Meeting - Rights Issue Approval
Corporate Actions:
Rights Issue Details:
- Issue Size: ₹49.99 crore
- Issue Opening Date: September 02, 2026
- Last date for On-market renunciation of rights/Date of closure of trading of Rights Entitlements: September 03, 2026
- Issue Closing Date: September 09, 2026
- Rights Entitlement Ratio: 1:5 (One Equity Share for every Five Equity Shares held)
- Issue Price: ₹150 per Equity Share
- ISIN for Rights Entitlement (RE): INE05CZ20011
Key Conditions:
- The Board reserves the right to extend the Issue period, but not beyond 30 days from the Issue Opening Date
- No withdrawal of Application permitted by any Applicant after the Issue Closing Date
- Rights Entitlements will be credited to eligible shareholders' demat accounts prior to the Issue opening date
Approvals and Appointments:
- Board adopted and approved the Letter of Offer and other Issue-related materials to be filed with BSE, NSE and SEBI
- M/s. MUFG Intime India Private Limited appointed as the Registrar to the Issue
Other Significant Information:
- The meeting was conducted through Video Conferencing
- Signed by Mr. Umang Lalpurwala, Company Secretary & Compliance Officer