StockWatch
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Gems- Jewellery And Watches
Rights Issue17 Feb 2026, 07:19 pm

S. M. Gold Ltd Approves Rights Issue of Equity Shares

AI Summary

S. M. Gold Ltd's Board of Directors has approved the draft letter of offer for a rights issue of equity shares. The rights issue comprises 2,647,5024 fully paid-up equity shares of face value = 10/- each, for an amount aggregating up to 2647.50 Lakhs. The record date and ISIN for rights entitlement will be announced in due course. The rights entitlement ratio is 1:1, with 1 rights equity share for every 1 equity share held by eligible equity shareholders.

Key Highlights

  • S. M. Gold Ltd Board approves rights issue of equity shares
  • 2,647,5024 fully paid-up equity shares of face value = 10/- each
  • Aggregating amount up to 2647.50 Lakhs
  • Record date and ISIN for rights entitlement to be announced
  • Rights entitlement ratio 1:1