Description
BSE announces listing of 246,873,025 new equity shares of Rajnish Wellness Limited issued on rights basis, effective August 26, 2025.
Summary
BSE has approved the listing of 246,873,025 new equity shares of Rajnish Wellness Limited (Scrip Code: 541601) issued through a rights offering. The shares will commence trading on BSE from Tuesday, August 26, 2025.
Key Points
- 246,873,025 new equity shares of Rs. 1/- each issued on rights basis
- ISIN: INE685Z01033
- Distribution Numbers: 768474661 to 1015347685
- New shares rank pari-passu with existing equity shares
- Allotment completed on August 20, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the new securities are available for trading from August 26, 2025
- Standard trading and settlement procedures apply to the new shares
Important Dates
- Allotment Date: August 20, 2025
- Trading Commencement: August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
The rights issue significantly increases the company’s equity base by approximately 24.7 crore shares. This represents substantial dilution for existing shareholders who did not participate in the rights offering. The new shares carry equal rights and privileges as existing shares, maintaining proportional voting and dividend rights.
Impact Justification
Significant rights issue representing substantial equity dilution for existing shareholders