Jyoti Structures Limited — Important, 06-02-2025: General Updates

A corrigendum regarding the Rights Issue Committee Meeting details has been issued. The company has corrected the total number of equity shares proposed to be issued under the Rights Issue to 31,19,29,934 shares, valued at approximately ₹499.09 Crores, assuming full subscription. The outstanding equity shares will be 90,11,30,920 before the Rights Issue and 121,30,60,854 after. The Rights Issue ratio is set at 9 shares for every 26 held, with a record date of February 10, 2025. The Rights Issue is scheduled to open on February 17, 2025, and close on March 3, 2025. Investors should monitor this development closely, as the successful execution of the Rights Issue could strengthen the company’s capital structure.