What happened
FactOla Electric’s Board approved a rights issue of 37,02,72,665 partly paid-up equity shares at ₹27 each, aggregating to ₹9,99,73,61,955 assuming full subscription and payment of call monies. The issue will open on October 22, 2026, with the first and final call expected on or before October 31, 2027, subject to the Board’s right to change the schedule.
37,02,72,665Rights issue shares
Number of partly paid-up equity shares offered
₹9,99,73,61,955Rights issue size
Aggregate issue amount assuming full subscription and payment of call monies
₹27 per shareRights issue price
Issue price, including ₹17 premium
₹16.20 per sharePayment on application
60% of the issue price payable on application
₹10.80 per shareFirst and final call
40% of the issue price, expected on or before October 31, 2027
2 shares for every 25 fully paid-up sharesRights entitlement ratio
Entitlement for shareholders holding shares on the October 13, 2026 record date
October 13, 2026Record date
Date for determining eligible shareholders
October 22, 2026 to October 30, 2026Issue period
Scheduled opening and closing dates
4,99,86,80,978Outstanding shares after issue
Post-issue equity shares assuming full subscription and payment of call monies
