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Industrial Gases
Rights Issue2 Mar 2026, 08:51 pm

Stallion India Fluorochemicals Revises Rights Issue: 3.68 Cr Shares at Rs. 99 Each

AI Summary

Stallion India Fluorochemicals Ltd. has revised the outcome of its Rights Issue Committee of the Board of Directors meeting. Due to a clerical error, the face value of equity shares was mentioned as Re. 1/- instead of Rs. 10/. The correct face value is now updated. The committee approved the allotment of 3,67,60,483 fully paid-up equity shares with 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. The price per equity share is Rs. 99.00/- per share on the Record date, i.e. 11th February, 2026. The Paid-up Equity Share Capital of the Company will be updated consequent to the said allotment. The lapsed rights entitlements will be extinguished and the ISIN of rights entitlements i.e. INEORYC20010 will be deactivated.

Key Highlights

  • Stallion India Fluorochemicals revised the outcome of its Rights Issue Committee of the Board of Directors meeting due to a clerical error.
  • 3,67,60,483 fully paid-up equity shares with a face value of Rs. 10.00/- each will be allotted 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.
  • The price per equity share is Rs. 99.00/- per share on the Record date, i.e. 11th February, 2026.
  • Lapsed rights entitlements will be extinguished and the ISIN of rights entitlements i.e. INEORYC20010 will be deactivated.
STALLION
Industrial Gases
Stallion India Fluorochemicals Ltd

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