Key Details of Rights Issue

  • Number of shares allotted: 10,00,000 (ten lakh) equity shares
  • Face value: ₹10 per share
  • Issue price: At par (₹10 per share)
  • Total issue size: ₹1,00,00,000/- (One Crore only)
  • Type of issue: Rights issue for cash

Timeline of Events

  • Original proposed allotment date: 25th June, 2026
  • Actual allotment completed: 26th June, 2026
  • Reason for delay: Unavoidable administrative and procedural circumstances

Corporate Structure Impact

  • Radhashree Roadsters Private Limited is a wholly owned subsidiary of Swati Projects Limited
  • The rights issue represents additional equity capital raising by the subsidiary