Eureka Industries is launching a rights issue to raise Rs 49 crores. The company will issue 4,90,00,000 new equity shares at a price of Rs 10 per share, which matches its face value.
Shareholders who own the stock on March 28, 2025, can buy 28 new shares for every 5 existing shares they hold. Investors interested in purchasing the shares must do so by March 27, 2025.
The specific dates for the rights issue opening and closing, along with the subscription status, will be announced later. Investors should stay tuned for further updates about this rights issue.