Anondita Medicare Approves Rights Issue to Shareholders; Equity Shares Valued at 710 Each
Anondita Medicare Limited announced on August 1, 2026, that its Board of Directors approved the issuance of fully paid-up equity shares through a rights issue. This action is intended for eligible equity shareholders of the company as of a subsequently determined record date.The authorized issuance includes equity shares with a face value of 710 each. The total aggregate amount for which the securities will be issued has not been exceeded and stands at no more than 10,978.20 Lakhs (Rupees One Hundred Nine Crore Seventy-Eight Lakh Twenty Thousand Only).
The company's Board also constituted a Rights Issue Committee to manage this process. This committee comprises Mr. Anupam Ghosh as Chairperson, along with members Mr. Reshant Ghosh and Mr. Lakhinder Singh. The committee is authorized to undertake all necessary acts and matters related to the rights issue.
For the purposes of executing the rights issue, the company stated that specific and detailed terms regarding the issuance will be determined by the Board or a duly authorized committee in due course. These details include the determination of the issue price, the rights entitlement ratio, the timing of the rights issue, and the payment terms.
Key details regarding the proposed securities are as follows:
| Particulars | Details |
|---|---|
| Type of Securities | Fully paid-up equity shares of the Company |
| Type of Issuance | Rights issue to the eligible equity shareholders of the Company |
| Aggregate Amount (Approx.) | Not exceeding 10,978.20 Lakhs (Rupees One Hundred Nine Crore Seventy-Eight Lakh Twenty Thousand Only) |
The Board meeting on August 1, 2026, commenced at 11:00 A.M. and concluded at 02:00 P.M. Anondita Medicare Limited is a manufacturer of condoms and holds certifications including ISO 9001:2015, ISO 13485:2016, and CDSCO Certification.
ANONDITA Stock Price Movement
Anondita Medicare Limited shares edged higher on Friday, closing at ₹1088.75 after gaining 4.43% in the session. The stock settled near its intraday peak of ₹1116, with a total volume of 18,600 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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