Welspun Specialty Solutions Ltd. has announced a rights issue to raise approximately ₹349.86 crore. The company is set to issue 13,25,22,289 equity shares, priced at ₹26.4 each. Welspun Specialty Solutions Limited is an Indian firm focused on the production of alloy and stainless steel products, which encompass billets, rolled bars, ingots, blooms, and seamless pipes and tubes.
The entitlement ratio of Welspun Specialty Rights Issue is established at 1:4, indicating that shareholders can subscribe to one new share for every four shares they hold as of the record date. The date of record for assessing the eligibility of shareholders is set for March 1, 2025. The rights issue is set to commence on March 10, 2025, and will conclude on March 19, 2025.
Welspun Specialty Rights Issue 2025 Dates
| Rights Issue Open: | March 10, 2025 |
| Rights Issue Close: | March 19, 2025 |
| Rights Record Date: | March 1, 2025 |
| Last Date to Buy: | February 28, 2025 |
| Deemed Date of Allotment | 2025 |
| Renunciation of Rights Entitlements | March 13, 2025 |
Welspun Specialty Rights Issue 2025 Offer Details
| Rights Issue Size: | Approx ₹349.86 Crores |
| Price Band: | ₹26.4 Per Equity Share |
| Face Value: | ₹10 Per Equity Share |
| Listing on: | BSE |
| Entitlement Ratio: | 1:4 (1 rights share for every 4 shares) |
| Equity: | 13,25,22,289 Equity Share |
| Letter of Offer: | Click Here |
| Application Form: | Click Here |
| Live Share Price: | Click Here |
Welspun Specialty Rights Issue 2025 Registrar
Bigshare Services Private Limited
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com