Rights Issue19 Aug 2026, 05:40 pm
Viceroy Hotels Ltd Approves Rights Issue of ₹1058 Cr
AI Summary
Viceroy Hotels Ltd has approved a Rights Issue of 92,03,008 fully paid-up Equity Shares, aiming to raise up to ₹10,583.46 Lakhs (approximately ₹1058.34 Crore). The issue price is set at ₹115 per share, with a face value of ₹10 and a premium of ₹105. Eligible equity shareholders will receive 6 Rights Equity Shares for every 7 shares held as of the record date, August 20, 2026. The Letter of Offer has been approved by the Rights Issue Committee and will be submitted to SEBI and uploaded on the company's website.
Key Highlights
- Viceroy Hotels Ltd announces Rights Issue to raise up to ₹1058.34 Cr.
- Issue price fixed at ₹115 per share (₹10 face value, ₹105 premium).
- Shareholders to receive 6 shares for every 7 held on record date.
- Record date for the rights issue is August 20, 2026.
- Letter of Offer approved and will be filed with SEBI.
Price Impact
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