Shanti Gold International Limited: Board approval for Rights Issue to raise capital

IPO / ECM 30 Jun 2026 · Announced· ✓ Verified

The NSE filing dated 30 June 2026 discloses board approval of a rights issue capital raising. Specific issue size, ratio, pricing and timeline for shareholder approval remain to be disclosed in subsequent regulatory filings. The company will need to file a detailed offer document with SEBI and obtain stock exchange approvals before the rights offer opens to shareholders.

Why it mattersRights issues under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 require board and shareholder approval before launch; this announcement signals the first regulatory gate has cleared, with subsequent shareholder approval and exchange approvals still required.
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SectorFinancial Services
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