StockWatch
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Other Agricultural Products
Rights Issue3 Nov 2026, 07:50 pm

Indrayani Biotech Approves Rights Issue Allotment

AI Summary

Indrayani Biotech Limited's Rights Issue Committee has approved the Basis of Allotment for 83,64,036 Rights Equity Shares. Of these, 75,03,333 shares were fully paid at Rs. 15 each (including a Rs. 5 premium), and 8,60,703 shares were partly paid at Rs. 3.75 each (including a Rs. 1.25 premium) on application. This allotment, finalized in consultation with BSE Limited, has increased the company's paid-up equity share capital. The total number of shares now comprises 5,30,39,589 fully paid-up equity shares and 8,60,703 partly paid-up equity shares.

Key Highlights

  • Rights Issue Committee approved allotment of 83,64,036 Rights Equity Shares.
  • 83,64,036 shares allotted at Rs. 15 (fully paid) and Rs. 3.75 (partly paid).
  • Company's paid-up equity share capital has increased post-allotment.
  • Basis of Allotment finalized with BSE Limited.
  • Total shares now include fully and partly paid-up equity shares.