Rights Issue13 Jun 2026, 01:01 pm
Ravindra Energy Revises Rights Issue Size and Share Count
AI Summary
Ravindra Energy Ltd has issued a corrigendum to its Letter of Offer dated June 3, 2026, regarding its Rights Issue. The revision is due to adjustments for fractional entitlements, leading to a change in the total number of Rights Equity Shares and the overall Issue Size. The number of shares has been revised to up to 19,854,940 from 19,832,834, and the Issue Size is now up to ₹2005.35 million from ₹2003.12 million. All other terms of the Letter of Offer, Application Form, and Rights Entitlement Letter remain unchanged.
Key Highlights
- Rights Issue details revised due to fractional entitlement adjustments.
- Total shares offered increased to 19,854,940.
- Issue Size revised to ₹2005.35 million.
- No other changes to the Letter of Offer or related documents.
Price Impact
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