Rights Issue30 Jun 2026, 01:52 pm
Shanti Gold International Ltd Approves Rights Issue Up to ₹100 Cr
AI Summary
Shanti Gold International Ltd announced that its Board of Directors has approved a fund-raising plan through a Rights Issue. The company intends to offer fully paid-up Equity Shares with a face value of Rs. 10 each, aiming to raise an amount not exceeding ₹100 crores. The specific terms, including the issue price, entitlement ratio, record date, and timing, will be determined and notified subsequently. This move is subject to necessary regulatory and statutory approvals.
Key Highlights
- Board approved fund raising via Rights Issue.
- Targeting to raise up to ₹100 crores.
- Offer of fully paid-up Equity Shares.
- Terms and conditions to be decided later.
- Subject to regulatory and statutory approvals.
Price Impact
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