Board Meeting2 Mar 2026, 10:01 pm
Dr Lalchandani Labs Ltd Approves Basis of Allotment for Rights Issue of 43,04,000 Equity Shares
AI Summary
Dr Lalchandani Labs Ltd conducted a board meeting on March 02, 2026, to approve the basis of allotment for the rights issue of 43,04,000 fully paid-up equity shares. The rights issue, which opened on February 04, 2026, and closed on February 27, 2026, was priced at Rs. 10 per equity share. The board approved the allotment of the shares to eligible shareholders and/or renouncees. This decision will increase the company's paid-up equity share capital from Rs. 4,33,30,680 to Rs. 8,63,70,680.
Key Highlights
- Dr Lalchandani Labs Ltd conducted a board meeting to approve the basis of allotment for the rights issue.
- The rights issue was for 43,04,000 fully paid-up equity shares at Rs. 10 per share.
- The rights issue opened on February 04, 2026, and closed on February 27, 2026.
- The board approved the allotment of the shares to eligible shareholders and/or renouncees.
- The company's paid-up equity share capital will increase from Rs. 4,33,30,680 to Rs. 8,63,70,680.