Description

D & H INDIA LTD announces rights issue of 1 equity share for every 4 shares held at Rs.120 per share, with record date 31 January 2026 and ex-rights trading from 30 January 2026.

Summary

D & H INDIA LTD (Scrip Code: 517514) has announced a rights issue offering 1 new equity share for every 4 existing equity shares held. The issue price is Rs.120 per share (face value Rs.10 plus premium of Rs.110). The record date is set for 31 January 2026, and trading on ex-rights basis will commence from 30 January 2026 under settlement number DR-809/2025-2026.

Key Points

  • Rights entitlement ratio: 1:4 (one new share for every four shares held)
  • Issue price: Rs.120 per equity share
  • Face value: Rs.10 per share
  • Premium: Rs.110 per share
  • Full payment required on application
  • Record date: 31 January 2026
  • Ex-rights trading starts: 30 January 2026
  • Settlement number: DR-809/2025-2026
  • Scrip code: 517514

Regulatory Changes

No regulatory changes. This is a standard corporate action notification under existing BSE listing requirements.

Compliance Requirements

  • Trading members must execute all transactions in D & H INDIA LTD shares on ex-rights basis from 30 January 2026
  • Trading members must take note of the record date and ensure proper settlement processing
  • The entire issue price of Rs.120 per share is payable upon application submission

Important Dates

  • 28 January 2026: Circular issued by BSE
  • 30 January 2026: Ex-rights trading commences (Settlement DR-809/2025-2026)
  • 31 January 2026: Record date for determining rights entitlement

Impact Assessment

Market Impact: The rights issue will result in potential dilution for shareholders who do not participate. Trading on ex-rights basis from 30 January 2026 means the share price will adjust to reflect the rights offering value.

Shareholder Impact: Existing shareholders as of the record date will be entitled to subscribe to new shares at Rs.120 per share. The ratio of 1:4 means shareholders will need 4 existing shares to be eligible for 1 new share.

Capital Raising: D & H INDIA LTD is raising capital through this rights issue at a significant premium (Rs.110 over face value of Rs.10), indicating confidence in the company’s valuation and future prospects.

Impact Justification

Standard rights issue announcement affecting existing shareholders of D & H INDIA LTD with dilution implications for non-participating shareholders