Description

VIRAM SUVARN LIMITED announces rights issue offering 1 equity share for every 2 shares held at Rs. 8 per share, with record date January 9, 2026.

Summary

VIRAM SUVARN LIMITED (Scrip 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 (total issue price Rs. 8/-) for every 2 equity shares held by shareholders. Trading on ex-rights basis commences from January 9, 2026 (Settlement No. DR-795/2025-2026).

Key Points

  • Rights ratio: 1:2 (1 new equity share for every 2 existing shares held)
  • Face value: Rs. 2/- per equity share
  • Premium: Rs. 6/- per share
  • Issue price: Rs. 8/- per share (payable on application)
  • Payment terms: Full issue price of Rs. 8/- payable at the time of application
  • Scrip Code: 540252
  • Segment: Dematerialised Securities - Rolling Settlement

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notice for rights issue.

Compliance Requirements

  • Trading members must execute all transactions in VIRAM SUVARN LIMITED equity shares on ex-rights basis from January 9, 2026
  • Trading members are required to note the record date and ex-rights date for proper settlement
  • All trades must reflect the ex-rights status in the designated settlement number DR-795/2025-2026

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

Market Impact: Moderate impact on existing shareholders who must decide whether to subscribe to the rights issue. The ex-rights trading will result in price adjustment reflecting the dilution effect.

Shareholder Impact: Existing shareholders as of the record date will be eligible to participate in the rights issue at Rs. 8/- per share. Non-participation will result in dilution of their holdings.

Operational Impact: Trading members need to ensure systems are updated to reflect ex-rights status from January 9, 2026, and process trades accordingly in settlement DR-795/2025-2026.

Impact Justification

Standard rights issue affecting existing shareholders of VIRAM SUVARN LIMITED with specific record and ex-rights dates requiring attention for trading adjustments