Description

Viram Suvarn Limited has fixed record date for rights issue offering 1 equity share for every 2 shares held at Rs. 8 per share.

Summary

Viram Suvarn Limited (BSE Code: 540252) has announced a rights issue of equity shares with a record date of January 9, 2026. The company is offering 1 equity share of Rs. 2/- each at a premium of Rs. 6/- per share for every 2 equity shares held by existing shareholders. The shares will trade on an ex-rights basis from January 9, 2026 (Settlement No. DR-795/2025-2026).

Key Points

  • Rights ratio: 1 new equity share for every 2 existing equity shares held
  • Face value: Rs. 2/- per share
  • Premium: Rs. 6/- per share
  • Issue price: Rs. 8/- per share (payable on application)
  • Record date: January 9, 2026
  • Ex-rights date: January 9, 2026
  • Settlement segment: Dematerialised securities - Rolling settlement

Regulatory Changes

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

Compliance Requirements

  • Trading members must ensure transactions in Viram Suvarn Limited equity shares are executed on an ex-rights basis from January 9, 2026
  • Issue price of Rs. 8/- per share is payable on application as per terms of payment
  • Trading members are required to take note of the ex-rights trading arrangements

Important Dates

  • Record Date: January 9, 2026
  • Ex-Rights Date: January 9, 2026 (Settlement No. DR-795/2025-2026)
  • Notice Date: January 6, 2026

Impact Assessment

Shareholder Impact: Existing shareholders as of the record date will be eligible to subscribe to the rights issue at a ratio of 1:2. The issue price of Rs. 8/- represents the face value plus premium.

Trading Impact: The stock will trade ex-rights from January 9, 2026, which typically results in a price adjustment to reflect the rights offering value.

Market Operations: Trading members must adjust their systems and processes to handle ex-rights trading from the specified date. The settlement number DR-795/2025-2026 must be used for tracking purposes.

Impact Justification

Standard rights issue announcement affecting existing shareholders of Viram Suvarn Limited with defined subscription ratio and pricing