Date: 22.07.2026
Board Meeting Outcomes
- The Board of Directors approved the allotment of 16,84,24,217 Rights Equity Shares of Face Value of Rs. 2/- each
- The shares were allotted for cash at a price of Rs. 11.86 per Equity Share
- The meeting was held on July 22, 2026
- The Basis of Allotment was finalized in consultation with BSE Limited (Designated Stock Exchange) and the Registrar to the Issue
- The allotment was made in terms of the Letter of Offer dated June 08, 2026
Financial Impact
- Paid-up equity share capital increased from Rs. 1,05,26,51,360/- (consisting of 52,63,25,680 Equity Shares of Rs. 2/- each) to Rs. 1,38,94,99,794/- (consisting of 69,47,49,897 Equity Shares of Rs. 2/- each)
- Total funds raised: ₹199.75 crore (19,975.11 lakhs)