
Quarterly Updates2 Mar 2026, 07:11 pm
Stallion India Fluorochemicals Ltd Approves Allotment of Shares in Rights Issue
AI Summary
Stallion India Fluorochemicals Ltd has approved the allotment of 3,67,60,483 (Three Crores Sixty-Seven Lakhs Sixty Thousand Four Hundred Eighty-Three) fully paid-up equity shares having a face value of Rs. 10.00/- each on a Rights basis. The allotment is in the ratio of 19:41 i.e. 19 (Nineteen) Rights Equity Shares for every 41 (Forty-One) fully paid-up equity shares held by the eligible equity shareholders of the Company at a price of Rs. 99.00/- per equity share on the Record date, i.e. 11th February, 2026. This decision was made in a meeting of the Rights Issue Committee of Directors on 24th March, 2026. The Paid-up Equity Share Capital of the Company will be updated accordingly.
Key Highlights
- Stallion India Fluorochemicals Ltd approves allotment of 3,67,60,483 equity shares in a Rights Issue.
- The allotment is in the ratio of 19:41 i.e. 19 (Nineteen) Rights Equity Shares for every 41 (Forty-One) fully paid-up equity shares held by the eligible equity shareholders.
- The price of the equity shares is set at Rs. 99.00/- per share.
- The Record date for the allotment is 11th February, 2026.
- The Paid-up Equity Share Capital of the Company will be updated following the allotment.