Shanti Gold International Ltd Approves Rights Issue of Equity Shares up to Rs 100 Crore
Shanti Gold International Limited announced that its Board of Directors approved fund raising through a Rights Issue involving the offer and issuance of fully paid-up Equity Shares. The decision was taken during a meeting held on June 30, 2026.The company plans to raise capital by issuing Equity Shares, each having a face value of Rs 10/-. This Right Issue is designed for the eligible equity shareholders of Shanti Gold International Limited. The total amount sought through this issuance does not exceed Rs 100 crores.
The Board noted that while approval has been granted for the fund raising activity, the final terms and conditions of the Rights Issue remain subject to determination. These future decisions include establishing the issue price, defining the rights entitlement ratio, setting the record date, determining the timing of the Rights Issue, and finalizing payment terms.
Details regarding the proposed issuance, as confirmed by the Board, are provided below:
| Particulars | Details |
|---|---|
| Type of securities proposed to be issued | Equity Shares |
| Type of issuance | Rights Issue |
| Total amount for which the securities will be issued (approximately) | Not exceeding Rs 100 crore |
SHANTIGOLD Stock Price Movement
Shares of Shanti Gold International Limited are edging higher to ₹224.8 as of 1:55 PM today, gaining ₹2.14 or 0.96% in the live market. The stock has seen brisk activity this session, with over 1.35 million shares traded so far.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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