13,85,01,687 partly paid-up equity shares of the face value of ₹1 each on rights basis to eligible
As filed · Record Date
CapitalImprovingNotablemateriality 72 out of 100
What happened
Fact13,85,01,687 partly paid-up equity shares of the face value of ₹1 each on rights basis to eligible. In this regard, the Rights Issue Committee of the Board of Directors at its meeting held today.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
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Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%