Rights Issue25 Sept 2026, 11:20 am
Natco Pharma Approves Rights Issue of ₹1,279 Cr
AI Summary
Natco Pharma Limited's Board of Directors has approved a Rights Issue to raise up to ₹1,279.36 crore by issuing equity shares at ₹750 each. The issue will offer 2 equity shares for every 21 held, with a record date set for October 1, 2026. The Rights Issue will open on October 12, 2026, and close on October 22, 2026. This move aims to strengthen the company's capital base.
Key Highlights
- Natco Pharma to raise ₹1,279.36 crore via Rights Issue.
- Issue price set at ₹750 per equity share.
- Record date for the issue is October 1, 2026.
- Rights Issue period: October 12 to October 22, 2026.
- 2 equity shares offered for every 21 held.
Price Impact
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