Board of Directors at its meeting held on September 08, 2025, has decided to issue equity shares on rights…
As filed · New Delhi Television Limited has informed the Exchange that Board of Directors at its meeting held on September 08, 2025, has decided to issue equity shares on rights basis in the ratio of 3 (Three) E
What happened
FactNew Delhi Television Limited has informed the Exchange that Board of Directors at its meeting held on September 08, 2025, has decided to issue equity shares on rights basis in the ratio of 3 (Three) Equity Shares for every 4 (Four) Equity Shares held on the Record Date. ₹400 crore, by way of a rights issue to the eligible shareholders of the Company (“Rights. Shares and Rights Issue size for an amount aggregating up to ₹ 396.50 Crore (assuming.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
Watch next
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; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%