StockWatch
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Investment Company
Rights Issue30 Jun 2026, 06:30 pm

Consecutive Commodities Ltd Announces Rights Issue of ₹48.04 Cr

AI Summary

Consecutive Commodities Ltd has announced a Rights Issue of 48,04,50,000 Equity Shares at ₹1.00 per share, aggregating to ₹48,04,50,000. The issue is offered on a rights basis in the ratio of 3 Equity Shares for every 1 Equity Share held as of the Record Date, June 8, 2026. The company, incorporated in 1982, aims to raise capital through this issue. The Letter of Offer, dated June 24, 2026, has been enclosed. The company confirms no wilful defaulter or fraudulent borrower status for itself, its promoter, or directors. Investors are advised to review the risk factors before making investment decisions.

Key Highlights

  • Rights Issue of 48,04,50,000 Equity Shares at ₹1.00 each.
  • Total issue size amounts to ₹48,04,50,000.
  • Offered in a 3:1 ratio (3 shares for every 1 held).
  • Record date for eligibility is June 8, 2026.
  • No wilful defaulter or fraudulent borrower status confirmed.