Description

VIRAM SUVARN LIMITED announces rights issue of 1 equity share for every 2 shares held at Rs. 8 per share (face value Rs. 2 + premium Rs. 6), with record date set for January 9, 2026.

Summary

VIRAM SUVARN LIMITED (BSE Code: 540252) has announced a rights issue of equity shares with a record date of January 9, 2026. Eligible shareholders will be offered 1 equity share of Rs. 2 face value for every 2 equity shares held, at an issue price of Rs. 8 per share (including a premium of Rs. 6). Trading in the company’s shares will commence on an ex-rights basis from January 9, 2026 (Settlement No. DR-795/2025-2026).

Key Points

  • Company: VIRAM SUVARN LIMITED (BSE Code: 540252)
  • Rights ratio: 1 equity share for every 2 equity shares held
  • Face value: Rs. 2 per share
  • Premium: Rs. 6 per share
  • Total issue price: Rs. 8 per share
  • Record date: January 9, 2026
  • Ex-rights date: January 9, 2026
  • Settlement number: DR-795/2025-2026
  • Payment terms: Full issue price of Rs. 8 per share payable on application

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification.

Compliance Requirements

  • Trading members must execute all transactions in VIRAM SUVARN LIMITED shares on an ex-rights basis from January 9, 2026
  • Dematerialised securities in rolling settlement segment affected
  • Trading members must take note of the record date and ex-rights date for proper settlement

Important Dates

  • Notice Date: January 6, 2026
  • Record Date: January 9, 2026
  • Ex-Rights Date: January 9, 2026
  • Settlement Number: DR-795/2025-2026

Impact Assessment

Shareholder Impact: Existing shareholders holding shares as of the record date will be entitled to subscribe to the rights issue at a 1:2 ratio. The issue price of Rs. 8 (face value Rs. 2 + premium Rs. 6) represents the subscription price for eligible shareholders.

Trading Impact: From January 9, 2026, all trading in VIRAM SUVARN LIMITED shares will be on an ex-rights basis, meaning shares purchased on or after this date will not carry rights entitlement.

Market Operations: Trading members must ensure proper handling of transactions post ex-rights date to maintain accurate settlement and entitlement records.

Impact Justification

Standard rights issue notification affecting existing shareholders of VIRAM SUVARN LIMITED with moderate dilution (1:2 ratio)