Rights Issue26 May 2026, 02:55 pm
Panafic Industrials Allots 41.06 Cr Shares via Rights Issue
AI Summary
Panafic Industrials Ltd has allotted 41,06,25,000 fully paid-up equity shares at ₹21 per share, following its Rights Issue. The allotment, approved by the BSE and the Rights Issue committee on May 26, 2026, was conducted as per the Letter of Offer dated April 11, 2026, and finalized with Skyline Financial Services Private Limited. Post-allotment, the company's paid-up share capital stands at 49,27,50,000 shares.
Key Highlights
- Panafic Industrials allots 41.06 Cr equity shares via Rights Issue.
- Shares issued at ₹21 each, face value of ₹1 per share.
- Allotment approved by BSE and Rights Issue committee.
- Revised paid-up share capital is 49,27,50,000 shares post-allotment.
Price Impact
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