Rights Issue29 Oct 2026, 02:12 pm
Crescentis Capital Ltd Approves Rights Issue Terms
AI Summary
Crescentis Capital Ltd's Fund Raising Committee has approved the terms for a Rights Issue. The company will issue 1,02,08,129 Rights Equity Shares at ₹78 each, aggregating up to ₹79,62,34,062/- (assuming full subscription). The issue price includes a premium of ₹68 per share. The record date is set for Wednesday, November 4, 2026. The Rights Issue will open on Monday, November 16, 2026, and close on Friday, November 27, 2026. Shareholders will be entitled to 3 Equity Shares for every 5 Equity Shares held on the record date. Post-rights issue, the total equity shares will increase to 2,72,21,678 from the current 1,70,13,549.
Key Highlights
- Rights Issue of 1,02,08,129 shares approved.
- Issue size aggregates ₹79,62,34,062/- at ₹78 per share.
- Record date set for November 4, 2026.
- Rights Issue period: November 16 to November 27, 2026.
- Entitlement ratio: 3 shares for every 5 held.
Price Impact
More from CRESCENTIS