
Rights Issue23 Oct 2026, 09:10 pm
Natco Pharma Allots 1.7 Cr Equity Shares for ₹1,279 Cr Rights Issue
AI Summary
Natco Pharma Limited's Fund Raising Committee has approved the allotment of 17,058,082 equity shares at ₹750 per share, raising approximately ₹1,279.36 crore. This allotment is a continuation of the company's rights issue, which was approved by the Board of Directors on September 9, 2026. The paid-up equity share capital has increased from ₹35.82 crore to ₹39.23 crore, with the number of equity shares growing from 17.91 crore to 19.62 crore. The rights issue price was ₹750 per equity share, including a premium of ₹748 per share.
Key Highlights
- Allotment of 17,058,082 equity shares approved.
- Rights issue price set at ₹750 per share.
- Total funds raised approximately ₹1,279.36 crore.
- Paid-up equity capital increased significantly.
- Number of outstanding shares increased to 19.62 crore.
Price Impact
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