SAShivam Autotech532776Rights issue announcement

Rights issue: up to 10,00,00,000 shares at ₹12 each, ratio 19:25

Letter of Offer for a rights issue of up to 10,00,00,000 equity shares at ₹12 each (face value ₹2, premium ₹10), up to ₹12,000.00 lakhs.

By ScoutQuest · Tue 13 Oct 2026, 7:52 PM IST · 2 min read

Issue size and price

up to 10,00,00,000 equity shares at ₹12 each (face value ₹2, premium ₹10)

Aggregate issue amount

up to ₹12,000.00 lakhs

Entitlement ratio

19 rights shares for every 25 held; record date Oct 15, 2026

Shivam Autotech has shared its Letter of Offer dated October 08, 2026 for a rights issue to its existing eligible equity shareholders.

What is being offered

• Up to 10,00,00,000 Rights Equity Shares of face value ₹2 each, at ₹12 per Rights Equity Share, which includes a premium of ₹10 per share.
• The issue aggregates up to ₹12,000.00 lakhs, assuming full subscription and subject to finalisation of the Basis of Allotment.
• The entitlement ratio is nineteen (19) Rights Equity Shares for every twenty-five (25) fully paid-up Equity Shares held on the Record Date.
• The Record Date is Thursday, October 15, 2026.
• The Issue Price is six times the value of the equity shares.

How shareholders participate

• Eligible Equity Shareholders are those holding shares on the Record Date; participation is limited to shareholders who have provided an Indian address to the company.
• Applications are made under the ASBA process, where the application money is blocked in the applicant's bank account rather than paid upfront.
• Rights Entitlements can be renounced either on-market through the stock exchange platform or off-market through a depository participant.
• The last date for on-market renunciation is Friday, November 13, 2026, and off-market renunciation must be completed so that the entitlements are credited to the renouncee's demat account on or before the Issue Closing Date.

Issue programme

• Issue opens: Thursday, October 22, 2026.
• Last date for credit of Rights Entitlements: Wednesday, October 21, 2026.
• Last date for on-market renunciation of Rights Entitlements: Friday, November 13, 2026.
• Issue closes: Thursday, November 19, 2026.
• The Board can extend the issue period, but not beyond 30 (thirty) days from the Issue Opening Date. No withdrawal of an application is permitted after the Issue Closing Date.

Listing and intermediaries

• The existing equity shares are listed on BSE and NSE, and the company has received in-principle approvals from both exchanges for listing the Rights Equity Shares.
• Applications will also be made for trading approvals for the Rights Entitlements.
• NSE is the Designated Stock Exchange, MCS Share Transfer Agent Limited is the Registrar to the Issue, and ICICI Bank Limited is the Banker to the Issue.

What investors may note

• The promoter is Dayanand Munjal Investments Private Limited, which is also the holding company of the company.
• The update confirms that the promoter or directors are not wilful defaulters as on the date of the Letter of Offer.
• It carries a general risk warning that investments in equity and equity-related securities involve risk, and that investors should read the risk factors before taking a decision.
• Since this is a rights issue, eligible shareholders can choose to subscribe, renounce their entitlements, or let them lapse.

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.

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