StockWatch
·
Gems, Jewellery And Watches
Rights Issue30 Jun 2026, 01:57 pm

Shanti Gold International Approves ₹100 Cr Rights Issue

AI Summary

Shanti Gold International Limited's Board of Directors has approved a Rights Issue to raise up to ₹100 crores. The funds will be raised through the offer and issuance of fully paid-up Equity Shares. The specific terms, including issue price, entitlement ratio, and record date, will be determined and notified subsequently. This move is subject to necessary regulatory and statutory approvals.

Key Highlights

  • Board approved raising funds via Rights Issue.
  • Targeting up to ₹100 crores through equity share issuance.
  • Terms and record date to be decided and announced later.
  • Subject to regulatory and statutory approvals.