Rights Issue Committee approves issue period from 23/10/2026 to 30/10/2026, fundraise of up to ₹ 1966.80 Lakhs

Continental Controls Ltd's Rights Issue Committee met on 12th October 2026 and approved key items of the rights issue.

Mon 12 Oct 2026

Fundraise size

up to ₹ 1966.80 Lakhs via a rights issue of equity shares

Rights Issue period

opens 23/10/2026 and closes 30/10/2026

Renunciation deadlines

on-market: 26/10/2026; off-market: 29/10/2026

What the company informed the exchanges

Continental Controls Ltd informed BSE Ltd. that its Rights Issue Committee met on 12th October 2026 and approved key items of the company's rights issue. The company said this is in continuation of the committee's meeting held on 08th October 2026.

Fundraise approved

• The committee approved raising funds of up to ₹ 1966.80 Lakhs by way of a rights issue of equity shares.
• The committee also adopted the Letter of Offer, which will be shared with BSE Ltd. and the Securities and Exchange Board of India and dispatched to the eligible equity shareholders of the company as on the Record Date in due course.

Rights issue timetable

• Rights Issue Opening Date: 23/10/2026
• Last date of On-Market Renunciation: 26/10/2026
• Last date of Off-Market Renunciation: 29/10/2026
• Rights Issue Closing Date: 30/10/2026
• Rights Entitlement ISIN: INE545B20014

What the committee said about the process

• Eligible equity shareholders are asked to ensure that renunciation through off-market transfer is completed so that the rights entitlements are credited to the demat account of the renouncee(s) on or prior to the Issue Closing Date.
• The Board or a duly authorised committee has the right to extend the issue period as it may determine from time to time, but not exceeding 30 (thirty) days from the Issue Opening Date, inclusive of the Issue Opening Date.
• No withdrawal of application shall be permitted by any applicant after the Issue Closing Date.
• The committee resolution was passed by circulation: it was circulated on 12th October 2026 and the last assent of the members was received on 12th October 2026, on which date the resolution stood passed.

How a shareholder can read this

A rights issue gives existing shareholders the first right to buy new shares, usually at a set price and in proportion to their holding. This update fixes the window in which that right can be used or renounced, so shareholders who want to act need to note the two renunciation dates and the closing date. The amount to be raised is stated as an upper limit of ₹ 1966.80 Lakhs, and the Letter of Offer is the document that carries the detailed terms.

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