
Rights Issue2 Jun 2026, 07:21 pm
Consecutive Commodities Approves Rights Issue of ₹48.04 Cr
AI Summary
Consecutive Commodities Limited announced the outcome of its Board Meeting held on June 2, 2026. The board approved a Rights Issue of 48,04,50,000 fully paid-up Equity Shares at a price of ₹1.00 per share, aggregating ₹48,04,50,000. The record date for determining eligible shareholders is June 8, 2026. The Rights Issue will open on June 18, 2026, and close on July 7, 2026. The entitlement ratio is three Equity Shares for every one Equity Share held. Post-issue, the total outstanding equity shares are expected to be 64,06,00,000.
Key Highlights
- Rights Issue of 48.04 Cr approved at ₹1 per share.
- Record date set for June 8, 2026.
- Issue opens June 18, closes July 7, 2026.
- Entitlement ratio: 3 shares for every 1 held.
- Post-issue shares to reach 64.06 Cr.
Price Impact
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