Description

Viram Suvarn Limited announces rights issue of 1 equity share for every 2 shares held at Rs. 8 per share, with ex-rights date from January 9, 2026.

Summary

Viram Suvarn Limited (Scrip Code: 540252) has fixed the record date for its rights issue of equity shares. The company will issue 1 equity share of Rs. 2/- each for every 2 equity shares held, at a premium of Rs. 6/- per share (total issue price Rs. 8/-). Trading in the company’s shares will be conducted on an ex-rights basis from January 9, 2026.

Key Points

  • Rights ratio: 1 new equity share for every 2 existing 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 number: DR-795/2025-2026
  • Segment: Dematerialised Securities - Rolling Settlement

Regulatory Changes

No regulatory changes. This is a standard corporate action notification under existing regulations.

Compliance Requirements

  • Trading members must ensure all transactions in Viram Suvarn Limited equity shares are conducted on an ex-rights basis from January 9, 2026
  • Shareholders on record as of January 9, 2026 will be eligible to participate in the rights issue
  • Issue price of Rs. 8/- per share is payable in full on application as per payment terms

Important Dates

  • Record Date: January 9, 2026
  • Ex-Rights Date: January 9, 2026 (Settlement DR-795/2025-2026)
  • Circular Date: January 6, 2026

Impact Assessment

Shareholder Impact: Existing shareholders will have the opportunity to subscribe to additional shares at Rs. 8/- per share in the ratio of 1:2. Those who do not participate will face dilution of their holdings.

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

Market Impact: Limited to shareholders of Viram Suvarn Limited (scrip code 540252). This is a standard rights issue with moderate impact on existing investors who need to decide whether to exercise their rights or allow dilution.

Impact Justification

Standard rights issue affecting existing shareholders of Viram Suvarn Limited with 1:2 ratio; moderate impact limited to company shareholders