Shanti Gold International Limited approves rights issue for fund raising
The board meeting held on 30 June 2026 resulted in approval of fund raising via rights issue. The NSE disclosure provides no detail on issue size, price band, rights ratio, timeline or subscription terms. Shanti Gold is an NSE-listed entity; subsequent regulatory filings (prospectus, issue timeline notice, SEBI approval) will follow standard ICDR pathway.
Why it mattersRights issues trigger mandatory disclosure of issue size, pricing band and shareholder approval windows under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018-counsel must verify subsequent prospectus filings and listing approvals.
SectorMetals & Mining
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Sources
- NSE Corporate Announcements (Outcome of Board Meeting) · official
- BSE corporate announcements · official
- NSE corporate announcements · official
- SEBI public issues / DRHPs · official
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