Description
D & H India Ltd rights issue of 1 equity share for every 4 shares held at Rs. 120 per share (Rs. 10 face value + Rs. 110 premium) with record date 31 January 2026.
Summary
D & H India Ltd (Scrip Code: 517514) has announced a rights issue with a record date of 31 January 2026. Eligible shareholders will be offered 1 new equity share for every 4 equity shares held at an issue price of Rs. 120 per share (face value Rs. 10 + premium Rs. 110). Trading in the company’s equity shares will be conducted on an ex-rights basis from 30 January 2026 (Settlement No. DR-809/2025-2026).
Key Points
- Rights entitlement ratio: 1 equity share for every 4 equity shares held
- Issue price: Rs. 120 per share (Face Value: Rs. 10, Premium: Rs. 110)
- Full issue price of Rs. 120 payable on application
- Security type: Dematerialised securities in rolling settlement segment
- Notice Number: 20260128-47
Regulatory Changes
No regulatory changes. This is a standard corporate action notification for a rights issue as per existing regulations.
Compliance Requirements
- Trading members must execute all transactions in D & H India Ltd equity shares on an ex-rights basis from 30 January 2026
- Settlement number DR-809/2025-2026 applies for ex-rights transactions
- Trading members are required to take note of the record date and ex-rights date for proper execution
Important Dates
- 28 January 2026: Circular notice date
- 30 January 2026: Ex-rights date - Trading commences on ex-rights basis (Settlement No. DR-809/2025-2026)
- 31 January 2026: Record date for determining rights issue eligibility
Impact Assessment
Market Impact: Moderate impact expected as the stock will trade ex-rights from 30 January 2026, which typically results in a price adjustment reflecting the rights value. Shareholders holding shares before the ex-date will be eligible for rights entitlement.
Investor Impact: Existing shareholders as of record date will have the opportunity to subscribe to additional shares at Rs. 120 per share, maintaining or increasing their stake. Non-participation will result in proportional dilution. The rights ratio (1:4) indicates a 25% capital raise relative to existing shareholding.
Operational Impact: Trading members must ensure systems are configured to handle ex-rights trading from 30 January 2026 and properly manage client entitlements based on holdings as of the record date.
Impact Justification
Standard rights issue announcement affecting shareholders of D & H India Ltd. Medium impact as it provides capital raising opportunity for existing shareholders with dilution effects.