
Rights Issue1 Oct 2026, 12:08 pm
Emerald Leisures Plans ₹130 Cr Rights Issue
AI Summary
Emerald Leisures Ltd announced its Board of Directors has approved a rights issue to raise up to ₹130 Crores. The funds will be raised through the issuance of equity shares of face value ₹5 each. The specific terms of the rights issue, including the issue price, rights entitlement ratio, record date, and timing, will be determined by the Board or the Rights Issue Committee in due course. A dedicated Rights Issue Committee has also been constituted to manage the issuance, offer, and allotment of equity shares. The Board meeting where these decisions were made commenced at 11:30 AM and concluded at 11:50 AM on October 01, 2026.
Key Highlights
- Board approved rights issue to raise up to ₹130 Crores.
- Funds to be raised via issuance of equity shares.
- Specific terms of the issue to be decided later.
- A Rights Issue Committee has been formed.
- Board meeting concluded within 20 minutes.
Price Impact
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