Saboo Sodium Chloro Receives In-Principle Approval from BSE for Rs 47.57 Crore Rights Issue
Saboo Sodium Chloro Limited has received in-principle approval from the Bombay Stock Exchange (BSE) regarding its proposed rights issue of partly paid-up equity shares. The approval relates to a potential issue size of Rs 47.57 Crores.The BSE provided the in-principle approval for the Rights Issue, confirming permission for the company to use the exchange's name in the relevant documentation. This approval was granted following the scrutiny of the letter of offer by the Stock Exchange for its internal purposes.
The details of the approval and the financial scope of the issue are summarized below:
| Particulars | Details |
|---|---|
| Authority granting Approval | BSE Limited |
| Issue Size | Rs 47.57 Crores (Rupees Forty Seven Crores and Fifty Seven lakhs Only) |
| Date of Approval Communication | June 23, 2026 |
The in-principle approval concerns the proposed Rights Issue of Saboo Sodium Chloro Limited, allowing the company to proceed with the matter subject to completing all necessary statutory and listing formalities.
Stock Price Movement
Saboo Sodium Chloro Ltd settled at the close of trade today at ₹11.99, ticking up 1.44%. The shares navigated an intraday range, moving between a low of ₹11.51 and a high of ₹12.06.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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