Jyoti Structures’ much-anticipated rights issue opens today, February 17, 2025, and will remain open for subscription until March 3, 2025. The company has set February 10, 2025, as the record date to determine eligible shareholders.
The rights issue aims to raise ₹499.10 crore, offering 31,19,35,216 equity shares at ₹16 per share. The entitlement ratio has been fixed at 9:26, meaning eligible shareholders will receive 9 rights shares for every 26 fully-paid equity shares they hold as of the record date.
Jyoti Structures shares will be in focus as investors assess participation in the offering, with analysts watching market reaction and potential stock movement in response to the fundraising plan. The stock will also be monitored for demand and subscription trends throughout the rights issue period.
Market participants will track how this capital infusion supports Jyoti Structures’ business expansion and financial restructuring. Investors interested in participating should carefully review the offer details and eligibility criteria before subscribing.
Disclaimer: The above article is for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.
