Steelco Gujarat Ltd Completes Allotment of Shares from Rights Issue; Capital Increases
Steelco Gujarat Limited has finalized the allotment of equity shares resulting from a recent Rights Issue, leading to an increase in the company's paid-up equity share capital. The Board of Directors approved the allocation on Saturday, June 06, 2026.The Rights Issue was announced earlier by the company and provided shareholders with the opportunity to subscribe to up to 13,30,060 fully paid-up equity shares. These shares carry a face value of Rs. 10/- each and were offered at an issue price of Rs. 112/- per Rights Equity Share. The offering included a premium of Rs. 102/- per Rights Equity Share, aggregating up to Rs. 1489.66 Lakhs.The...