Rights Issue12 Nov 2026, 07:50 pm
Geetanjali Credit approves Rights Issue terms, payment schedule
AI Summary
Geetanjali Credit and Capital Ltd's Board of Directors met on November 12, 2026, to approve the terms and payment schedule for its Rights Issue. The company plans to raise up to ₹90.00 crore through the issuance of partly paid-up equity shares. The payment will be in two installments: ₹6.25 per share on application and ₹6.25 per share on or about December 25, 2026. The Rights Issue period will open on November 27, 2026, and close on December 07, 2026. The Letter of Offer will be filed with SEBI and BSE.
Key Highlights
- Board approved terms and payment schedule for Rights Issue.
- Rights Issue aims to raise up to ₹90.00 crore.
- Payment will be ₹6.25 on application and ₹6.25 by Dec 25, 2026.
- Issue opens Nov 27, 2026, and closes Dec 07, 2026.
- Letter of Offer to be filed with SEBI and BSE.
Price Impact
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