StockWatch
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Pharmaceuticals
Rights Issue4 Nov 2026, 07:10 pm

Evonile Pharma Sets Rights Issue Record Date for Nov 11

AI Summary

Evonile Pharma Ltd has announced that its Rights Issue Committee has approved and fixed Wednesday, November 11, 2026, as the record date for its upcoming rights issue. The company plans to issue partly paid-up equity shares aggregating up to ₹9,000 million. The issue price is set at ₹860 per share, with a total issue size of ₹8,847.54 million for 10,287,832 shares. The rights issue period will commence on November 19, 2026, and close on December 03, 2026. Eligible shareholders will receive 5 Rights Equity Shares for every 12 fully paid-up Equity shares held.

Key Highlights

  • Record date for rights issue fixed as November 11, 2026.
  • Issue price set at ₹860 per rights equity share.
  • Total issue size is ₹8,847.54 million.
  • Rights issue opens November 19 and closes December 03, 2026.
  • Entitlement ratio is 5 Rights Shares for every 12 Equity Shares held.