Viceroy Hotels Limited Announces Rights Issue of Equity Shares

Viceroy Hotels Limited Announces Rights Issue of Equity Shares​

Viceroy Hotels Limited has approved a rights issue for its fully paid-up Equity Shares, offering shareholders the opportunity to participate in the capital raising initiative. The rights issue is set to commence on September 03, 2026.

The Company announced that the Record Date, which determines the eligible equity shareholders, will be Thursday, August 20, 2026. This date allows existing shareholders to qualify for the allocation of rights entitlements.

Rights Issue Details and Financials​

The offering is structured as a rights issue involving fully paid-up Equity Shares, each with a face value of ₹10. The total size of the equity shares offered stands at 92,03,008 shares, representing an aggregate amount not exceeding ₹ 10,583.46 Lakhs.

The price for the Rights Equity Share has been set at ₹ 115 per share. This price includes a premium of ₹ 105 per share.

Key timelines and operational details associated with the rights issue include:

Shareholding and Entitlement Ratio​

The rights issue is offered in the ratio of 6 Rights Equity Shares for every 7 fully paid-up Equity Shares held by eligible equity shareholders as on the Record Date.

Prior to this offering, Viceroy Hotels Limited had 6,75,78,948 outstanding equity shares. Assuming full subscription, the post rights issue shareholding is projected to be 7,67,81,956 fully paid-up equity shares of face value ₹10 each.

The company also clarified terms regarding fractional and zero entitlements. For shareholders whose holdings are less than seven Equity Shares or not in a multiple of seven, their fractional entitlement will be ignored during the computation. Such eligible shareholders who apply for additional Equity Shares beyond their rights entitlement will receive preferential consideration for allotment, subject to availability. Shareholders holding fewer than seven Equity Shares as on the Record Date are entitled to apply for additional shares and will be given preference but cannot renounce such applications.

VHLTD Stock Price Movement​

Shares of Viceroy Hotels Limited today shed 3.55% in post-market trading, settling at ₹127.05 after dropping ₹4.67 from the previous close. The equity completed the session having traded a total of 23,833 shares.