Rights Issue5 Mar 2026, 04:52 pm
BCC Fuba India Ltd. Approves Rights Issue of Equity Shares up to Rs. 3,444.76 Lakhs
AI Summary
BCC Fuba India Ltd. announced the outcome of their Board Meeting held on March 05, 2026, approving the terms of a rights issue for an amount not exceeding Rs. 3,500.00 Lakhs (Rupees Rupees Three Thousand Five Hundred Lakhs only). The rights issue will involve up to 45,93,015 Rights Equity Shares each on partly paid-up basis, for an amount aggregating up to Rs. 3,444.76 lakhs, with a rights issue price of Rs. 75 per Rights Equity Share when fully paid up. The record date for determining the existing equity shareholders entitled to receive the Rights Entitlement in the Rights Issue is Wednesday, March 11, 2026.
Key Highlights
- BCC Fuba India Ltd. approves rights issue of equity shares up to Rs. 3,444.76 Lakhs.
- Rights issue involves up to 45,93,015 Rights Equity Shares on partly paid-up basis.
- Rights issue price set at Rs. 75 per Rights Equity Share when fully paid up.
- Record date set as Wednesday, March 11, 2026 for determining eligible equity shareholders.
- NSDL and CDSL arrangements made for credits of Rights Entitlements in dematerialized form.