Shanti Gold Approves Rights Issue Letter of Offer for ₹99.83 Crore at ₹215 per Share
Shanti Gold International Limited's Board approved the Letter of Offer for a Rights Issue. The company will issue 46,43,471 equity shares at ₹215 each, raising up to ₹99.83 crore. The issue ratio is 19 shares for every 295 held, with a record date of August 06, 2026. The issue opens on August 14, 2026, and closes on August 21, 2026.
A rights issue can dilute existing shareholding but also provides capital for growth, making its impact medium-term.
The company has approved and published the Letter of Offer for its Rights Issue, which is a positive step towards fundraising and potential business expansion.
Shanti Gold International Limited announced that its Board of Directors, in a meeting held on July 31, 2026, approved the Letter of Offer for its Rights Issue. The company is issuing 46,43,471 fully paid-up Equity Shares of face value ₹10 each at an issue price of ₹215 per share (including a premium of ₹205 per share). The total issue size aggregates up to ₹99.83 crore (₹998.35 million).
The Rights Issue is being offered on a rights basis to eligible equity shareholders in the ratio of 19 (Nineteen) Rights Equity Shares for every 295 (Two hundred and ninety-five) Equity Shares held as of the record date, which is August 06, 2026. The company is submitting the Letter of Offer to the Securities and Exchange Board of India (SEBI) for information and compliance. The issue is scheduled to open on August 14, 2026, and close on August 21, 2026. The allotment of shares is expected around August 25, 2026, with listing on August 26, 2026.
What to do with a filing like this
Shanti Gold International Limited filed this with the NSE as a statutory disclosure, categorised under rights issue. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Shanti Gold International Limited. Read the original for the full detail.