Rights Issue Committee approves basis of allotment for ~83.64 lakh partly paid-up shares
Indrayani Biotech's Rights Issue Committee, at its meeting on November 03, 2026, considered and approved the Basis of Allotment of ~83.64 lakh partly paid-up Rights Equity Shares.
By ScoutQuest · · 2 min read
- Rights Shares Allotted
- ~83.64 lakh partly paid-up Rights Equity Shares
- Issue Price
- ₹15/- per Rights Equity Share; Application Money of ₹3.75/- per share received
- Paid-up Equity Share Capital
- rose from ₹45,53,62,560 to ₹53,03,95,890
The Rights Issue Committee of Indrayani Biotech met on November 03, 2026 and approved the Basis of Allotment for the company's rights issue. The basis was finalised in consultation with BSE Limited, the designated stock exchange, which approved it by email dated November 02, 2026.
What was approved
- Allotment of ~83.64 lakh Rights Equity Shares, partly paid-up.
- Issue price of ₹15/- per Rights Equity Share.
- Application Money of ₹3.75/- per Rights Equity Share has been received on these shares.
Share capital before and after
- Before the allotment: paid-up equity share capital of ₹45,53,62,560, comprising ~4.55 crore fully paid-up equity shares.
- After the allotment: paid-up equity share capital of ₹53,03,95,890, comprising ~5.3 crore fully paid-up equity shares and 8,60,703 partly paid-up equity shares.
What "partly paid-up" means
A partly paid-up share is one on which the investor has paid only part of the issue price so far; the remaining amount is payable later as and when the company calls it. The update shows the shares were issued at ₹15/- each and that application money of ₹3.75/- per share has been received.
How a rights issue works, simply
- A company issues new shares to its existing shareholders, usually in proportion to the shares they already hold.
- Here, the new shares were offered at a stated price of ₹15/- per share, with only the application money collected at this stage.
- The allotment committee fixes who gets how many shares, based on the applications received and the rules of the issue.
Why the share count matters
The number of equity shares on the company's books has gone up, and the update sets out the exact before-and-after figures above. A larger share count means each share represents a smaller ownership slice of the company than before, which is commonly called dilution. The update records the capital position after allotment rather than commenting on it.
What the company has confirmed
The meeting was held on November 03, 2026, commenced at 4.30 pm and concluded at 5.30 pm, and the committee took on record the Basis of Allotment finalised with the designated stock exchange.
Also from Indrayani Biotech
Rights Issue Committee approves basis of allotment of ~83.64 lakh equity shares
3 Nov 2026
Board to meet on 06 November 2026 to consider and approve draft notice of 34th AGM
3 Nov 2026
Secretarial Auditor appointed for FY 2025-26; Company Secretary & Compliance Officer resigns
2 Nov 2026
More numbers
- Rights Equity Shares allotted (partly paid-up)83,64,036
- Issue price per Rights Equity Share₹15/-
- Application Money received per Rights Equity Share₹3.75/-
- Paid-up equity share capital before allotment₹45,53,62,560
- Paid-up equity share capital after allotment₹53,03,95,890
- Fully paid-up equity shares before allotment4,55,36,256
- Fully paid-up equity shares after allotment5,30,39,589
- Partly paid-up equity shares after allotment8,60,703
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.