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Jindal Capital Approves ₹16.22 Crore Rights Issue At ₹15 Per Share


2 November 2026
Jindal Capital Ltd.

Board approved rights issue of 1,08,12,149 equity shares at Rs 15 each (Rs 10 face plus Rs 5 premium) aggregating Rs 16.22 Cr in 3-for-2 ratio. Record date Nov 6, 2026. BSE in-principle approval received; Letter of Offer approved. Full Rs 15 payable on application; entitlements renounceable. Issue opens Nov 17, closes Dec 1, 2026. Equity to expand to 1,80,20,249 shares from 72,08,100 on full subscription, implying heavy dilution. Use of proceeds not disclosed in outcome.


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