Rights Issue12 May 2026, 11:43 am
Steelco Gujarat Rights Issue: ₹1489.66 Lakhs
AI Summary
Steelco Gujarat Ltd announced a Rights Issue of 13,30,060 equity shares at ₹112 per share, including a premium of ₹102 per share, aggregating up to ₹1489.66 Lakhs. The rights issue ratio is 5 shares for every 1 share held, with a record date of May 15, 2026. The company has submitted the Letter of Offer to SEBI and made it available on its website.
Key Highlights
- Steelco Gujarat announces Rights Issue of 13,30,060 equity shares.
- Issue price is ₹112 per share, including a premium of ₹102.
- The rights issue aims to raise up to ₹1489.66 Lakhs.
- Rights entitlement ratio is 5:1, record date is May 15, 2026.
- Letter of Offer submitted to SEBI and available on the company website.
Price Impact
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