Shanti Gold International plans rights issue of up to 46,43,471 shares at ₹215 apiece

AI Market Summary
Shanti Gold International announced a rights issue of up to 4,643,471 shares at ₹215 (₹205 premium), targeting ~₹998.35m, with record date Aug 6 and subscription window Aug 14–21. The update is primarily procedural, clarifying entitlement ratio (19:295), renunciation deadlines, and ASBA-only participation. Near-term market impact is likely idiosyncratic and limited to shareholder positioning around entitlement trading and dilution mechanics.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+0.84%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Shanti Gold International Limited said in an August 11, 2026 announcement that it will launch a rights issue of up to 46,43,471 equity shares at ₹215 per share. The shares have a face value of ₹10 and an issue premium of ₹205, with total proceeds capped at ₹99,83,46,265. The record date is August 6, with shareholders entitled to 19 rights shares for every 295 fully paid-up shares held. The last date for on-market renunciation is August 18.