Rights Issue26 Oct 2026, 06:51 pm
Fresita Proteins Ltd Approves Rights Issue Terms
AI Summary
Fresita Proteins Ltd announced that its Board has approved the terms of a rights issue. The company plans to raise up to ₹9,000 Lakhs (₹90 Crore) by issuing 74,79,917 equity shares at an issue price of ₹120 per share. The record date for determining eligible shareholders is October 30, 2026. The rights issue ratio is 5 shares for every 6 held. The issue is scheduled to open on November 12, 2026, and close on November 26, 2026.
Key Highlights
- Fresita Proteins Ltd approves terms for a rights issue.
- Company aims to raise ₹8,975.90 Lakhs (₹89.76 Crore).
- Issue price set at ₹120 per equity share.
- Record date for eligibility is October 30, 2026.
- Rights entitlement ratio is 5:6.
Price Impact
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