StockWatch
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Film Production- Distribution & Exhibition
Rights Issue13 Aug 2026, 02:48 pm

Alan Scott Enterprises Sets Aug 21 Record Date for ₹714.7 Cr Rights Issue

AI Summary

Alan Scott Enterprises Ltd has announced that its Right Issue Committee has approved August 21, 2026, as the Record Date for its proposed Rights Issue. The issue aims to raise up to ₹714.70 Lakhs by offering equity shares at an issue price of ₹75 per share. The Rights Issue will open on September 1, 2026, and close on September 15, 2026. Eligible shareholders will receive one new equity share for every six shares held. The funds raised will be utilized as per the company's strategic plans, with the detailed Letter of Offer approved and to be filed with BSE.

Key Highlights

  • Record date for rights issue fixed as August 21, 2026.
  • Rights Issue aims to raise ₹714.70 Lakhs at ₹75 per share.
  • Issue opens September 1 and closes September 15, 2026.
  • Shareholders get 1 rights share for every 6 held.
  • Letter of Offer approved and will be filed with BSE.