
Rights Issue1 Oct 2026, 12:13 pm
Emerald Leisures Plans ₹130 Cr Rights Issue
AI Summary
Emerald Leisures Ltd's Board of Directors has approved a Rights Issue to raise up to ₹130 Crores by issuing equity shares of face value ₹5 each. The funds will be raised from eligible equity shareholders, subject to statutory and regulatory approvals. The specific terms of the issue, including the issue price, rights entitlement ratio, record date, and payment terms, will be determined by the Board or a Rights Issue Committee in due course. A Rights Issue Committee has also been constituted to manage the issuance and allotment process. The Board meeting where these decisions were made was held on October 1, 2026.
Key Highlights
- Emerald Leisures to raise up to ₹130 Crores via Rights Issue.
- Funds to be raised from existing eligible equity shareholders.
- Board approved the formation of a Rights Issue Committee.
- Detailed terms of the issue to be decided later.
- Subject to necessary regulatory and statutory approvals.
Price Impact
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