Steelco Gujarat has informed that this is in continuation of earlier announcement dated 09th May, 2026, wherein the Board of Directors has approved the Letter of offer for the Rights Issue of 13,30,060 Fully Paid-up Equity Shares of the Face Value of 10 each at an issue price of ?112 per Rights Equity Share (including a premium of ?102 per share), aggregating up to ?1489.66 Lakhs (assuming full subscription) on rights basis to the eligible shareholders of the Company in the ratio of 5 (Five) Rights Equity Shares for every 1 (One) fully paid-up Equity Share held by the eligible shareholders as on the Record Date, Friday, 15th May, 2026. In this regard, it enclosed the soft copies of the documents dated 09th May, 2026 in connection with the Rights Issue; Letter of Offer; Composite Application Form (CAF); Rights Entitlement Letter (RE Letter); Plain Paper Application Form.
The above information is a part of company’s filings submitted to BSE.
