Rights Issue Offer by Delta Galaxy Engineering Services Ltd

Rights Issue Offer by Delta Galaxy Engineering Services Ltd
Nishchay Mehra
Author

Nishchay Mehra

Associate Financial Analyst
Publish Date5 February 2025
Reading time1 Min

Share on Social Links

Category

StockBeginner GuideAngel InvestingSME IPOEconomy MarketAIFInvestmentsMore

Delta Galaxy Engineering Services Ltd. has announced a Rights Issue to raise capital for repayment of loans and general business purposes. As an existing shareholder, you have the opportunity to subscribe to additional equity shares at a price of ₹92 per share, including a premium of ₹82 per share.

Key Details of the Rights Issue

  • Issue Size: 2,20,22,100 equity shares
  • Issue Ratio: 1:1 (One new share for every one share held)
  • ​Record Date: January 31, 2025
  • Issue Open Date: February 08, 2025
  • Issue Close Date: February 22, 2025

Payment Methods

Subscription payments can be made via Cheque, Demand Draft, RTGS, or Bank Transfer to the company’s designated account with HDFC Bank.


No Change in Control

The promoters and key personnel intend to subscribe only to the extent of their entitlement, ensuring no dilution in control, post-issuance.

Tags

Unlisted SharesPre-IPOInvestmentStock MarketFinance

Stay Connected, Stay Informed –

Join Our

WhatsApp

Channel!

Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.