Viceroy Hotels Approves Rights Issue of ₹107 Crores

Viceroy Hotels Ltd's Rights Issue Committee has approved the terms for a rights issue aimed at raising up to ₹107 Crores. The issue involves offering 92,03,008 fully paid-up equity shares at ₹115 each. The record date for determining eligible shareholders is August 20, 2026. Shareholders will receive 6 rights equity shares for every 7 shares held. The issue opens on September 3, 2026, and closes on September 11, 2026. This move follows a board approval on June 29, 2026, and in-principle approvals from BSE and NSE.