Description

Deep Diamond India Ltd announces rights issue of 2 equity shares for every 1 share held at Rs. 4.16 per share with record date August 29, 2025.

Summary

Deep Diamond India Ltd (BSE Code: 539559) has announced a rights issue offering 2 equity shares of Re. 1/- each for every 1 existing equity share held. The issue price is Rs. 4.16 per share (face value Re. 1/- plus premium of Rs. 3.16). Trading will commence on ex-rights basis from August 29, 2025.

Key Points

  • Rights ratio: 2 new shares for every 1 existing share held
  • Issue price: Rs. 4.16 per equity share (Re. 1/- face value + Rs. 3.16 premium)
  • Record date: August 29, 2025
  • Ex-rights date: August 29, 2025
  • Full payment required on application
  • Settlement number: DR-704/2025-2026

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must execute transactions on ex-rights basis from August 29, 2025
  • Full issue amount of Rs. 4.16 per share payable on application
  • All transactions in dematerialised securities under rolling settlement segment

Important Dates

  • Record Date: August 29, 2025
  • Ex-Rights Date: August 29, 2025
  • Settlement: DR-704/2025-2026

Impact Assessment

This rights issue will significantly increase the share capital of Deep Diamond India Ltd, with existing shareholders entitled to subscribe to 2 additional shares for each share held. The attractive 2:1 ratio may appeal to existing shareholders, while the ex-rights adjustment will affect the stock’s trading price from the ex-date.

Impact Justification

Standard rights issue announcement with specific terms and dates for existing shareholders