StockWatch
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Film Production- Distribution & Exhibition
Rights Issue13 Aug 2026, 01:43 pm

Alan Scott Enterprises Approves Rights Issue Priced at ₹75/Share

AI Summary

Alan Scott Enterprises Ltd has announced the approval of its proposed Rights Issue by the Right Issue Committee. The issue aims to raise up to ₹714.70 Lakhs by offering equity shares at a price of ₹75 per share. The record date for determining eligible shareholders is set for August 21, 2026. The Rights Issue will open on September 1, 2026, and close on September 15, 2026, remaining open for 15 days. The company has also approved the Letter of Offer and other associated terms and conditions.

Key Highlights

  • Rights Issue price fixed at ₹75 per equity share.
  • Record date set for August 21, 2026, for entitlement determination.
  • Issue opens September 1 and closes September 15, 2026.
  • Total fundraising target of ₹714.70 Lakhs.
  • Letter of Offer and terms approved by the committee.