Record Date Fixed for Rights Issue of Equity Shares
The Board has fixed Thursday, 1st October, 2026 as the Record Date for the Rights Issue of equity shares.
By ScoutQuest · · 1 min read
- Record Date for Rights Issue
- Thursday, 1st October, 2026
- Board Meeting Date
- September 25, 2026
- Eligibility Criterion
- Shareholders holding shares as on the Record Date will be eligible to receive Rights Entitlements
What was announced
The Board of Directors fixed the Record Date for the Rights Issue of equity shares as Thursday, 1st October, 2026.
Why it matters
- A Record Date is the cut-off used to identify which shareholders are eligible for a corporate action.
- Those on the company's books on that date will receive Rights Entitlements under the Rights Issue.
- A Rights Issue lets eligible shareholders subscribe to new shares; those who do not subscribe may see their holding proportion change once new shares are issued.
Context
The intimation follows the outcome of the Board meeting communicated on September 25, 2026, and was shared with BSE and NSE.
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