StockWatch
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Auto Components & Equipments
Rights Issue11 Jun 2026, 06:11 pm

GS Auto International Ltd Allots 2.9 Cr Shares in Rights Issue

AI Summary

GS Auto International Ltd announced the allotment of 2,90,29,160 Partly paid-up equity shares of face value ₹5/- each, issued at ₹10/- per share, pursuant to its Rights Issue. This allotment was approved by the Rights Issue Committee and finalized in consultation with the Registrar to the Issue. The post-rights issue equity share capital has increased significantly, with total equity share capital now standing at ₹14,51,45,800. The company's paid-up share capital has been revised accordingly, reflecting the successful completion of the rights issue.

Key Highlights

  • Allotment of 2,90,29,160 partly paid-up equity shares completed.
  • Rights Issue price set at ₹10 per share.
  • Total equity share capital increased to ₹14,51,45,800.
  • Revised paid-up share capital reflects post-rights issue structure.