Board approves rights issue of equity shares of amount not exceeding Rs. 31.50 Crores

Goblin India Ltd said its board, at its meeting on Friday, 9 October 2026, approved an issuance of an amount not exceeding Rs. 31.50 Crores by way of a rights issue of equity shares.

Fri 9 Oct 2026

Rights Issue Size

not exceeding Rs. 31.50 Crores

Board Meeting Date

Friday, 9 October 2026

Record Date

yet to be decided

The board of Goblin India Limited met on Friday, 9 October 2026 and approved raising money through a rights issue of equity shares.

What the board approved

• Issuance of an amount not exceeding Rs. 31.50 Crores (Rupees Thirty-One Crore and Fifty Lakh) by way of a rights issue of equity shares.
• The offer is to the eligible equity shareholders of the company as on the record date.
• Appointment of various intermediaries for the rights issue.
• Constitution of a Rights Issue Committee — Mr. Manojkumar Choukhany as Chairman, Mr. Manish Agrawal as Member and Ms. Khushbu Bharakatya as Member.

The securities on offer

The shares proposed to be issued are fully paid-up equity shares of the company. The annexure states that the total number of securities proposed to be issued, or the total amount for which the securities will be issued, is to be determined by the Board. The issuance is subject to such regulatory and statutory approvals as may be required under applicable laws.

What a rights issue means

A rights issue is a way for a listed company to raise fresh money by offering new shares first to people who already own its shares, usually in proportion to what they hold. The eligible shareholders are decided by the record date.

What the committee will decide

• The record date
• The rights issue price
• The rights entitlement ratio
• The timing and terms of payment
• The appointment of intermediaries and other related matters

What shareholders may want to track

The terms of the issue are still to be fixed, so the price at which shares are offered, how many shares a shareholder is entitled to, and the record date will come later. Shareholders who do not subscribe to their entitlement may see their share of the company reduce relative to those who do. The board meeting commenced at 5:00 p.m. and concluded at 7:07 p.m.

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