Rights Issue

📢 Rights Issue Announcement

We are pleased to inform our shareholders that the Company is undertaking a Rights Issue of equity shares as part of our capital-raising strategy.

A rights issue is a method through which a listed company offers its existing shareholders an opportunity to purchase additional shares at a discounted price, in proportion to their current shareholding. This enables shareholders to maintain their percentage of ownership in the company while supporting its future growth and development.

🔑 Key Details of the Rights Issue

  • Rights Entitlement Ratio: 2 equity shares for every 1 equity share held as on the record date.
  • Record Date: 11th July 2025
    (Shareholders must hold equity shares on or before this date to be eligible.)
  • Issue Price: ₹10.50 per equity share (comprising ₹10 face value and ₹0.50 premium)
  • Application Money Payable on Application: ₹3.15 per share
  • Issue Opening Date: 18th July 2025
  • Issue Closure Date: 14th August 2025

We encourage all eligible shareholders to participate in the Rights Issue and be part of the Company’s next phase of growth.

For further details, please refer to the Letter of Offer (LOF) available below.

📄 Related Documents

Click on the links to download the files.

Draft Letter of Offer—19.02.2025
Rights Issue Committee Outcome—19.02.2025
Rights Issue in Principle Approval—30.04.2025
Rights Issue Committee Outcome—16.06.2025
Intimation of Record date and RE-ISIN—05.07.2025
Rights Issue Committee Outcome—12.07.2025
Letter of Offer Final dated—12.07.2025 digitally signed
Application Form for Rights Issue
Corrigendum dated—14.07.2025
Rights Issue Committee outcome—14.07.2025
Abridged Letter of Offer
FAQ’s on Rights Issue
Rights Issue Committee outcome—21.08.2025
BM Outcome dated 03.12.2025-digitally signed
RI First & Final Call money Record date intimation dated 03.12.2025
First-Final-Call-Money-Intimation-ASBA-application-form
Reg 30-Newspaper ad with dispatch proof
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