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Ecosure issues Rights Offer Letter for 26.46 Lakh equity shares at ₹35 each
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    Ecosure issues Rights Offer Letter for 26.46 Lakh equity shares at ₹35 each

    17 February 2025


    Ecosure Pulpmolding Rights Issue – Key Details

    Ecosure Pulpmolding invites shareholders to subscribe to 26,46,400 equity shares at ₹35 per share (including a ₹33 premium), with a face value of ₹2 each.

    Key Terms & Conditions:

    • Issue Size: ₹9.26 crore
    • Rights Entitlement:2 shares for every 25 held (Record Date: 14.02.2025)
    • Issue Price: ₹35 per share, payable on application
    • Renunciation Rights: Transferable until 25.02.2025
    • Subscription Period:19.02.2025 – 25.02.2025
    • Fractional Entitlements: Rounded down
    • Unsubscribed Shares: The Board may reallocate or cancel as per company interest
    • Over-Subscription: Additional shares may be allotted at the Board’s discretion
    • Allotment & Credit: Shares allotted within 7 days of issue closure, credited within 30 days
    Note: Rights not subscribed or renounced by the closing date will lapse.

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