Rights Issue2 Nov 2026, 05:11 pm
Continental Controls Allots 1.96 Cr Rights Shares, Capital Rises
AI Summary
Continental Controls Limited has approved the allotment of 1,96,68,019 Rights Equity Shares of face value ₹10/- each at an issue price of ₹10/- per share. This allotment, approved by the Rights Issue Committee, increases the company's paid-up equity share capital from ₹6,14,62,560/- (61,46,256 shares) to ₹25,81,42,750/- (2,58,14,275 shares). The Rights Issue Committee meeting was held on November 02, 2026.
Key Highlights
- Company approved allotment of 1,96,68,019 Rights Equity Shares.
- Issue price was ₹10 per Rights Equity Share.
- Paid-up equity share capital increased significantly.
- Total shares now stand at 2,58,14,275.
- Allotment finalized in consultation with BSE and Registrar.
Price Impact
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