Rights Issues declared companies in India 2024
Rights Issue is an invitation to the existing shareholders to purchase the additional shares of the company within a specific period at a discounted price. Unlike IPO, the rights issue is not offered to the general public but only to the existing shareholders in proportion of their existing holdings.
The eligible shareholders can either subscribe for the rights issue partly or fully or can let the rights lapse by not opting to exercise their rights to purchase the additional shares; or can transfer their rights entitlements to other persons. The transfer of rights to other persons can be done by the trading of rights entitlements on a stock exchange similar to equity shares known as 'renunciation of rights issue'.
The rights issue offers benefits to eligible shareholders as it helps them acquire additional shares at a premium compared to the market price. However, one should study the company's performance before subscribing to the issue as unlike bonus shares, the rights issue comes with a price.
All Companies List who Declared Rights Issues (2024)
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Company Rights Ratio FV Premium DATE Announcement Record Ex-Rights Billwin Ind 1:1 10 24 24 Dec, 2022 29 Apr, 2024 29 Apr, 2024 Banas Finance 1:1 10 0 18 Nov, 2023 26 Apr, 2024 26 Apr, 2024 Sobhagya Mercan 34:1 10 11 12 Aug, 2023 24 Apr, 2024 24 Apr, 2024 IIFL Finance 1:9 2 298 13 Mar, 2024 23 Apr, 2024 23 Apr, 2024 Scanpoint Geo 67:47 2 3 20 Mar, 2024 19 Apr, 2024 19 Apr, 2024 Yug Decor 1:2 10 0 12 Jan, 2024 19 Apr, 2024 19 Apr, 2024 VMS Industries 16:33 10 25 13 Feb, 2024 18 Apr, 2024 18 Apr, 2024 Ashapuri Gold 1:3 1 5 10 Nov, 2023 18 Apr, 2024 18 Apr, 2024 SEL 33:98 1 24 21 Jun, 2022 15 Apr, 2024 15 Apr, 2024 AA Plus 2:1 10 8 15 Sep, 2023 05 Apr, 2024 05 Apr, 2024 Savani Financia 7:1 10 8 01 Sep, 2023 04 Apr, 2024 04 Apr, 2024 Iykot Hitech 7:3 5 2 10 Feb, 2023 03 Apr, 2024 03 Apr, 2024 Shiva Cement 20:39 2 38 14 Sep, 2023 03 Apr, 2024 03 Apr, 2024 MARKOBENZ VEN 3:1 10 0 09 Nov, 2023 27 Mar, 2024 27 Mar, 2024 Spectrum Foods 4:1 10 10 10 Oct, 2023 27 Mar, 2024 27 Mar, 2024 TIL 28:10 10 0 14 Feb, 2024 22 Mar, 2024 22 Mar, 2024 Jyoti Structure 6:37 2 13 30 Nov, 2023 21 Mar, 2024 21 Mar, 2024 Mishtann Foods 1:31 1 14 23 Aug, 2023 20 Mar, 2024 20 Mar, 2024 HICS Cements 1:31 1 14 23 Aug, 2023 20 Mar, 2024 20 Mar, 2024 Tierra Agrotech 1:5 10 40 05 Jul, 2023 18 Mar, 2024 18 Mar, 2024 Hind Constr 13:118 1 20 03 Aug, 2023 15 Mar, 2024 15 Mar, 2024 Balkrishna 2:1 10 11 16 Sep, 2023 15 Mar, 2024 15 Mar, 2024 Arunjyoti Bio 8:1 10 10 14 Apr, 2023 12 Mar, 2024 12 Mar, 2024 Valencia Nutrit 15:10 10 16 20 Nov, 2023 07 Mar, 2024 07 Mar, 2024 Sawaca Business 4:1 1 0 29 May, 2023 07 Mar, 2024 07 Mar, 2024 Mercury Trade 10:1 10 30 10 Nov, 2023 01 Mar, 2024 01 Mar, 2024 South Ind Bk 1:4 1 21 27 Dec, 2023 27 Feb, 2024 27 Feb, 2024 Globe Textiles 1:1 2 1 09 Jan, 2024 23 Feb, 2024 23 Feb, 2024 Silgo Retail 1:1 10 15 28 Aug, 2023 22 Feb, 2024 22 Feb, 2024 Scanpoint Geo 1:1 2 3 06 Oct, 2023 16 Feb, 2024 16 Feb, 2024 Mitsu Chem Plas 1:8 10 134 30 Oct, 2023 16 Feb, 2024 16 Feb, 2024 Affordable Robo 46:439 10 440 06 Oct, 2023 12 Feb, 2024 12 Feb, 2024 Dipna Pharma 13:12 10 0 18 Oct, 2023 12 Feb, 2024 12 Feb, 2024 Indiabulls Hsg 1:2 2 148 17 Jan, 2024 01 Feb, 2024 01 Feb, 2024 Nagreeka Export 3:2 5 15 14 Aug, 2023 30 Jan, 2024 30 Jan, 2024 Indian Infotech 13:50 1 1 12 Jan, 2023 29 Jan, 2024 29 Jan, 2024 Mangalam Ind 21:163 1 3 25 May, 2023 29 Jan, 2024 29 Jan, 2024 Mangalam Indust 21:163 1 3 25 May, 2023 29 Jan, 2024 29 Jan, 2024 Magnum Ventures 2:11 10 44 13 Oct, 2023 25 Jan, 2024 25 Jan, 2024 Yarn Syndicate 24:5 10 17 29 Sep, 2023 24 Jan, 2024 24 Jan, 2024 Adroit Infotech 3:2 10 5 09 May, 2023 19 Jan, 2024 19 Jan, 2024 Shree Ajit Pulp 2:3 10 70 14 Jul, 2023 18 Jan, 2024 18 Jan, 2024 Skipper Ltd 1:10 1 193 16 Aug, 2023 12 Jan, 2024 12 Jan, 2024 Skipper 1:10 1 193 16 Aug, 2023 12 Jan, 2024 12 Jan, 2024 Grasim Inds 6:179 2 1810 16 Oct, 2023 10 Jan, 2024 10 Jan, 2024 Skyhigh Project 7:5 1 0 21 Jul, 2023 10 Jan, 2024 10 Jan, 2024 Sharanam Infra 7:5 1 0 21 Jul, 2023 10 Jan, 2024 10 Jan, 2024 Grasim 6:179 2 1810 16 Oct, 2023 10 Jan, 2024 10 Jan, 2024 Generic Pharmas 1:1 1 1 05 Jun, 2023 09 Jan, 2024 09 Jan, 2024 Quest Softech 8:5 10 20 26 Jul, 2023 08 Jan, 2024 08 Jan, 2024 Quest Softech I 8:5 10 20 26 Jul, 2023 08 Jan, 2024 08 Jan, 2024 Ind Renewable E 4:1 10 11 14 Jun, 2023 08 Jan, 2024 08 Jan, 2024 IND Renewable 4:1 10 11 14 Jun, 2023 08 Jan, 2024 08 Jan, 2024 La Tim Metal & 1:2 1 8 29 Jun, 2023 02 Jan, 2024 02 Jan, 2024 La Tim Metal 1:2 1 8 29 Jun, 2023 02 Jan, 2024 02 Jan, 2024