Shanti Gold International Ltd
The Board at its Meeting held on July 31, 2026 has approved the terms of Rights Issue
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 31 Jul 2026, 01:50 PM IST · BSE ID: a60f1609-8b45-441b-99d8-e54df4d5c03f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company will offer new shares to existing shareholders to raise funds.
🤖 AI Summary
- Board approved Rights Issue terms to raise Rs. 99,83,46,265.
- Issue comprises 46,43,471 equity shares at Rs. 215 each.
- Rights entitlement ratio is 19 shares for every 295 held.
- Record date set for August 06, 2026; Issue opens August 14, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Face value of Equity Shares
₹10/- each
Number of Rights Equity Shares
46,43,471
Issue Price per Rights Equity Share
₹215/-
Premium per Rights Equity Share
₹205/-
Record Date
August 06, 2026
Rights Issue Opening Date
August 14, 2026
Rights Issue Closing Date
August 21, 2026
Rights Entitlement Ratio
19 Rights Equity Shares for every 295 Equity Shares
Outstanding Equity Shares prior to Rights Issue
7,20,96,000
Outstanding Equity Shares post Rights Issue
7,67,39,471
🏢 How This Affects the Company
The rights issue provides capital to the company, which can be deployed for business growth initiatives or strengthening its financial position.
The issue will increase the company's equity share capital by Rs. 4,64,34,710 (face value) and share premium by Rs. 95,19,11,555, significantly enhancing its balance sheet.
The success of the rights issue is subject to market conditions and shareholder participation. A lower subscription rate could impact the intended capital raise.
👥 What This Means For Shareholders
✅
Action Required
Eligible shareholders must decide whether to subscribe to the rights shares, renounce their entitlements, or let them lapse by the closing date.
👤
Who Is Affected
Shareholders as of August 06, 2026, are entitled to 19 Rights Equity Shares for every 295 Equity Shares held.
🔍
Management Signal
The decision to proceed with a rights issue indicates management's intent to raise capital for strategic objectives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder response to the rights issue subscription.
Company's utilization of the raised funds.
Potential extension of the rights issue period.
MEDIUM RISK
Rights issues can dilute existing holdings and are dependent on market appetite for subscription.
💡 Investor Takeaway
Shanti Gold International approved a Rs. 99.83 Crore rights issue at Rs. 215 per share, with 46,43,471 shares offered. Record date August 06, 2026.
⚖️ Strengths & Concerns
✅ Positives
- Company is proceeding with a planned Rs. 99.83 Crore rights issue at a premium of Rs. 205 per share.
- A clear record date of August 06, 2026, and opening date of August 14, 2026, are set for shareholder entitlement.
⚠️ Concerns
- The rights issue size of Rs. 99.83 Crore represents a significant capital raise relative to the pre-issue equity base.
- Shareholders with holdings not in multiples of 295 will have fractional entitlements ignored, potentially affecting smaller investors.
❓ Frequently Asked Questions
What is the total issue size for Shanti Gold International's rights issue?
The total issue size is Rs. 99,83,46,265, assuming full subscription.
What is the issue price for the rights equity shares?
The issue price is Rs. 215 per rights equity share, including a premium of Rs. 205.
What is the record date to determine eligibility for the rights issue?
The record date is August 06, 2026, for determining eligible equity shareholders.
What is the rights entitlement ratio for Shanti Gold International shareholders?
The ratio is 19 (Nineteen) Rights Equity Shares for every 295 (Two hundred and ninety-five) Equity Shares held.
When does the rights issue open and close?
The Rights Issue opens on Friday, August 14, 2026, and closes on Friday, August 21, 2026.
Questions based on this BSE filing only. For information purposes.