GS Auto International Ltd. Announces Rights Issue Committee Meeting

GS Auto International Ltd. Announces Rights Issue Committee Meeting

GS Auto International Ltd. Announces Rights Issue Committee Meeting​

GS Auto International Ltd. will hold a meeting of its Rights Issue Committee on Tuesday, April 7, 2026. The meeting follows a previous announcement on March 30, 2026, regarding the Board’s approval to raise funds through a rights issue of equity shares.

The committee will deliberate on specifics of the rights issue, including the rights issue price, payment mechanism, rights entitlement ratio, record date, and timing. The outcome of the meeting is contingent on receiving in-principle approval from stock exchanges and relevant regulatory authorities. The company’s stock trades on the BSE under the scrip code 513059.



Jasmine Kaur, Company Secretary & Compliance Officer, will oversee the proceedings.

Source:​

 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top