Rights Issue1 Apr 2026, 11:38 am
Gravity India Ltd. Approves Rights Issue of Equity Shares worth Rs. 70 Crores
AI Summary
Gravity India Limited has approved a rights issue of fully paid-up Equity Shares worth not exceeding Rs. 70,00,00,000/- (Rupees Seventy Crores Only). The Rights Issue Committee at their meeting held on Wednesday, 01st April, 2026 at 10:45 A.M. has discussed and approved the terms of the Rights Issue. The Rights Issue will open on Monday, 27th April, 2026 and close on Monday, 25th May, 2026. The Record Date for determining the shareholders entitled for the Rights Issue is Wednesday, 08th April, 2026.
Key Highlights
- Gravity India Ltd. approves a Rights Issue of fully paid-up Equity Shares worth Rs. 70 Crores.
- The Rights Issue will open on Monday, 27th April, 2026 and close on Monday, 25th May, 2026.
- The Record Date for determining the shareholders entitled for the Rights Issue is Wednesday, 08th April, 2026.
- 23 (Twenty Three) Equity Shares for every 3 (Three) Equity Shares held by the Eligible Equity Shareholders.
- The Rights Issue will be made at a price of Rs. 10.00/- per share.
Price Impact
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