Rights Issue30 May 2026, 06:30 pm
Galaxy Agrico Exports: Rights Issue Funds Fully Utilized
AI Summary
Galaxy Agrico Exports Ltd confirms full utilization of ₹47,20,16,988.74 raised through a rights issue, as of March 31, 2026. The funds were used for the objects stated in the offer documents with no deviation or variation in utilization. The issue involved 1,31,59,102 equity shares at ₹35.87 per share, including a premium of ₹25.87. The Audit Committee reviewed and approved the statement of NIL deviation.
Key Highlights
- Galaxy Agrico Exports raised ₹47.20 Cr via rights issue.
- Funds fully utilized as per offer documents with no deviations.
- Rights issue included 1,31,59,102 shares at ₹35.87 each.
- Audit Committee approved the statement of NIL deviation.
- Subscription amount received on March 05, 2026.
Price Impact
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