Rights Issue31 Jul 2026, 02:00 pm
Shanti Gold International Approves Rights Issue Terms
AI Summary
Shanti Gold International Ltd's Board of Directors, in a meeting held on July 31, 2026, approved the terms for a Rights Issue. Following in-principle approvals from NSE and BSE, the company will issue 46,43,471 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹215 per share. The total issue size is estimated at ₹99,83,46,265, assuming full subscription. The payment will be in full on application. The record date for determining eligible shareholders is August 06, 2026. The Rights Issue opens on August 14, 2026, and closes on August 21, 2026, with provisions for renunciation and potential extension of the issue period.
Key Highlights
- Board approved terms for Rights Issue of Equity Shares.
- Issue price set at ₹215 per share, total size approx. ₹99.83 Cr.
- Record date for entitlement is August 06, 2026.
- Rights Issue period: August 14, 2026 to August 21, 2026.
- Ratio: 19 Rights Equity Shares for every 295 Equity Shares held.
Price Impact
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