StockWatch
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Hotels & Resorts
Rights Issue14 Aug 2026, 03:01 pm

Viceroy Hotels Sets Aug 20 Record Date for ₹107 Cr Rights Issue

AI Summary

Viceroy Hotels Ltd has announced August 20, 2026, as the record date to determine eligibility for its upcoming rights issue. The company plans to raise up to ₹107.00 Crores by issuing fully paid-up equity shares. The rights issue price is set at ₹115 per share, with a premium of ₹105. Eligible 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 aims to strengthen the company's capital base.

Key Highlights

  • Record date for rights issue fixed as August 20, 2026.
  • Company to raise up to ₹107 Crores via rights issue.
  • Rights issue price set at ₹115 per share.
  • Shareholders to receive 6 shares for every 7 held.
  • Issue opens September 3 and closes September 11, 2026.