StockWatch
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Gems, Jewellery And Watches
Rights Issue31 Jul 2026, 01:51 pm

Shanti Gold International Approves Terms for Rights Issue

AI Summary

Shanti Gold International Ltd's Board of Directors has approved the terms for a Rights Issue. The company plans to 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 record date for determining eligible shareholders is August 06, 2026. The Rights Issue will open on August 14, 2026, and close on August 21, 2026. Eligible shareholders will receive 19 Rights Equity Shares for every 295 Equity Shares held. The company has received in-principle approval from NSE and BSE.

Key Highlights

  • Board approves terms for Rights Issue of equity shares.
  • Issue size estimated at ₹99.83 crore at ₹215 per share.
  • 46,43,471 equity shares to be issued.
  • Record date set for August 06, 2026.
  • Rights Issue period: August 14 to August 21, 2026.